Privatization Occurs When a State Owned Firm Is Transferred to Private

question 24

True/False

Privatization occurs when a state owned firm is transferred to private ownership.

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Definitions:

Grandparents

The parents of one's parents, often playing important roles in family support and heritage transmission.

Remarried

The act of marrying again after the end of a previous marriage, either due to divorce or the death of a spouse.

Immigrants

Individuals who move from one country to another with the intention of settling in the new country.

Poverty

A socio-economic condition characterized by the lack of financial resources to meet basic living needs, such as food, clothing, and housing.