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WAEC Government 2019 Question 41

Question 41

Public Corporations

The removal of government direct control and monopoly in manufacturing and service sectors is called

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

Answer: A (privatization.)

Explanation

Privatisation transfers ownership and control of public enterprises to private individuals, ending government monopoly.