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Explain the difference between person praise and process praise. Describe why process praise might be beneficial during middle childhood.
Privatization
The process of transferring ownership of a business, enterprise, agency, or public service from the government to private individuals or organizations.
Monopolization
The process or state where a single company or entity gains exclusive control over a particular market or industry.
Natural Monopolies
A market dominated by a single seller because of high entry barriers or because the service or product is most efficiently supplied by a single provider.
Government Takeover
An acquisition where a government assumes control over a company or industry, often to stabilize the sector or protect national interests.
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