The process of involving local businessmen in the ownership and control of businesses that were…

The process of involving local businessmen in the ownership and control of businesses that were formerly owned by foreigners is called
  • A.
    nationalization
  • B.
    industrialization
  • C.
    indeginization
  • D.
    commercialization
  • E.
    privatization
Correct Answer: Option C
Explanation
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