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WAEC Commerce 2021 Objective — Question 38

Question 38 of 50 from the West African Examinations Council (WAEC) Commerce 2021 Objective paper, with the correct answer and a full explanation.

The transfer of a government company to the public is

A. commercialization
B. localization
C. deregulation
D. privatizationCorrect

Explanation

Privatization is the transfer of a government enterprise into private hands.

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