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To sell state-run firms to individuals is to _____.

individualize

collectivize

remarket

privatize

User Oiavorskyi
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2 Answers

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The answer is privatize. Because it makes something governmentally owened private to a person or corporation
User Stasovlas
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To sell state-run firms to individuals is to privatize.

To privatize means to transfer from public or government control or ownership to private enterprise. When an individual owns a firm, for instance, it is said to be private.

Privatization generally helps governments save money and increase efficiency. Generally, two main sectors make up an economy: the public sector and the private sector. Government agencies generally run operations and industries within the public sector.

User JPT
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