What Is Privatization

question 46

Multiple Choice

What is privatization?  

• A) the process of turning private enterprises into public enterprises 
• B) the process of turning sole proprietor enterprises into corporate enterprises 
• C) the process of turning public enterprises into private enterprises 
• D) the process of turning state-owned enterprises into public enterprises

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Definitions:

Feedback

The information given to a person or system about their performance or behavior, which can be used to make adjustments and improvements.

Self-actualization

The process of realizing and fulfilling one's talents and potentialities, considered as the drive for personal development.

Self-determinism

The philosophy or belief that individuals have the power to control their own destiny and make choices independent of external control.

Humanistic Theories

A psychological perspective emphasizing personal growth, self-actualization, and the inherent goodness of people.