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Define privatisation. - Economic Applications

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Questions

Define privatisation. 

What is meant by privatisation of public sector units? 

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Solution

Privatisation means the introduction of private ownership and management in public sector.

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Privatization of Public Enterprises
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Chapter 6: The State and Economic Development - QUESTIONS [Page 167]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 6 The State and Economic Development
QUESTIONS | Q 32. | Page 167
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 6 The State and Economic Development
QUESTIONS | Q 8. i | Page 167
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 6 The State and Economic Development
QUESTION BANK | Q 22. | Page 171
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 6 The State and Economic Development
QUESTION BANK | Q 25. i | Page 171
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