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WAEC Economics 2024 Objective — Question 22

Question 22 of 50 from the West African Examinations Council (WAEC) Economics 2024 Objective paper, with the correct answer and a full explanation.

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22. The government policy that encourages public corporations to operate profitably is

  • A. liberalization.
  • B. nationalization.
  • C. commercialization.Correct
  • D. indigenization.

Explanation

When the government commercializes a public enterprise, it turns it into a profit-making organization.

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