selling government owned company to private investors
Privatization
Nationalization
resouce: public sector → to private sector
industry/ assets → public sector
efficiency ↑
own by national government
Forms
Reasons
Effect
Advantages
Disadvantages
<aside> 📈 Vocab
Diversified: range of goods/ services ↑
Takeover: buy 50% of shares → get control
Hostile takeover: x agreement </aside>