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WAEC Commerce 2019 Question 44

Question 44

Government and Business

The restructuring of a government enterprise with the intention of making it profit oriented is

  1. A.privatization
  2. B.nationalization.
  3. C.commercialization.
  4. D.deregulation.
Show the answer and explanation

Answer: C (commercialization.)

Explanation

Commercialisation keeps the enterprise in government hands but makes it run for profit.