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WAEC Commerce 2023 Question 43

Question 43

Government and Business

Operating a state owned enterprise with the intention of making more profit is

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

Answer: A (commercialization.)

Explanation

Commercialization keeps government ownership but runs the enterprise to make profit.