ICSE Class 10 Answered
Please give the difference between nationalisation and privatisation.
Asked by anujbajpai44 | 13 Mar, 2019, 10:59: PM
Expert Answer
Nationalisation is when a government chooses to take an industry into state ownership.
Privitisation is the transfer of ownership of property or businesses from the government to a privately owned entity.
Answered by Christina | 14 Mar, 2019, 09:31: AM