The economic policy of privatization came up as a result of the poor performance of

The economic policy of privatization came up as a result of the poor performance of

  • A.
    commercial banks
  • B.
    small-scale businesses
  • C.
    public enterprises
  • D.
    private enterprises
Correct Answer: Option C
Explanation

privatization is the transfer of ownership, property or business from the government to the private sector.  The policy of privatization came up as a result of the disadvantages and short comings of the public sector, which stems from inefficienc.

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