WAEC Commerce 2017 Objective — Question 47
Question 47 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.
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47. The transfer of ownership of government businesses to individuals is
- A. A. commercialization
- B. B. deregulation
- C. C. privatizationCorrect
- D. D. nationalization
Explanation
Privatization is the act of selling the government interest in a public corporation to an individual.
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