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Tuesday, 27 October 2026
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Privatization is

Privatization is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Transfer of ownership from individual to government
  • B Transfer of ownership from government to stakeholders
  • C Transfer of ownership from government to individuals
  • D Government taking charge of all businesses
Correct Answer: Option C
Explanation:
Privatization is the transfer of ownership or control of a government-owned enterprise to private individuals or organizations. It moves an enterprise from the public sector to the private sector.

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