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JAMB Commerce 2003 Question 35

Question 35

Government and Business

Privatisation is concerned with

  1. A.equal ownership between the public and the government
  2. B.the dilution of ownership among the public
  3. C.the individual ownership of companies
  4. D.government ownership of companies.
Show the answer and explanation

Answer: C (the individual ownership of companies)

Explanation

Privatisation transfers ownership of government enterprises to private individuals and companies.