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WAEC Commerce 2021 Objective — Question 44

Question 44 of 50 from the West African Examinations Council (WAEC) Commerce 2021 Objective paper, with the correct answer and a full explanation.

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The practice of making a state firm more profit-oriented is

  • A. privatization
  • B. nationalization
  • C. deregulation
  • D. commercializationCorrect

Explanation

Commercialization is when a public enterprise is reformed to become a profit-making organization.

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