What Is Meant by Privatization

question 48

Multiple Choice

What is meant by privatization?

• A) Privatization refers to the sale of nationalized industries to private companies.
• B) Privatization refers to the sale of private companies to the public sector.
• C) Privatization refers to the purchase of one private company by another private company.
• D) Privatization refers to the process of expanding the scale of operations to exploit

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Definitions:

Independent Evidence

Information or proof that supports a claim, separate from and not relying on other pieces of evidence.

Five-Factor Model

A theory identifying five basic personality traits, including openness to experience, conscientiousness, extraversion, agreeableness, and neuroticism.

Extraversion

Extraversion is a personality trait characterized by energy creation from external sources, often involving enthusiasm for socializing and engaging in activities with others.

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, and a higher propensity for psychological stress.