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- Privatization of specific government operations happens in a number of ways, though generally, the government transfers ownership of specific facilities or business processes to a private, for-profit company. Privatization generally helps governments save money and increase efficiency.Learn more:Privatization of specific government operations happens in a number of ways, though generally, the government transfers ownership of specific facilities or business processes to a private, for-profit company. Privatization generally helps governments save money and increase efficiency.www.investopedia.com/terms/p/privatization.aspPrivatization of public resources injects new value into public assets and increases the privately held capital base of a country. Governments that implement privatization as part of their reforms use it as a mechanism to pursue a variety of objectives, both macroeconomic and fiscal.en.wikipedia.org/wiki/Privatization_in_the_United_…privatization, transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned enterprises may be lifted. Services formerly provided by government may be contracted out.www.britannica.com/money/privatizationPrivatization, at its core, is a transformative process that holds the potential to reshape the ownership landscape of assets and operations. This multifaceted concept transcends mere transfers of ownership; it marks the pivotal moment when government-owned assets or operations shift decisively into private hands.www.supermoney.com/encyclopedia/privatization
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