Question on: SS3 Economics - Privatization And Commercialization Programmes
What is the difference between privatization and commercialization?
View related lesson
Ask EduPadi AI for a detailed answer
Privatization involves transferring ownership and control of state-owned enterprises to private investors, while commercialization involves transforming government-run entities into self-financing, profit-oriented enterprises.
Add your answer
Please share this, thanks!
No responses