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The tranfer of government businesses to individuals is?

The tranfer of government businesses to individuals is?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Commercialization
  • B Privatization
  • C Deregulation
  • D Nationalization
Correct Answer: Option B
Explanation:
privatization is the transfer of a business, industry, or service from public to private ownership and control. Privatization is the process of transferring an enterprise or industry from the public sector to the private sector.

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