English

What is meant by ‘Privatisation’?

Advertisements
Advertisements

Question

What is meant by ‘Privatisation’?

Short Answer
Advertisements

Solution

Privatisation refers to the process of gradual transfer of ownership or management from the state/public-owned enterprises to individuals or private units, i.e. from the public sector to the private sector enterprises.

shaalaa.com
  Is there an error in this question or solution?
Chapter 6: The State and Economic Development - QUESTIONS [Page 185]

APPEARS IN

Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 6 The State and Economic Development
QUESTIONS | Q 8. (ii) a. | Page 185

Video TutorialsVIEW ALL [1]

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×