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ICSE Class 10 Answered

Please give the difference between nationalisation and privatisation.
Asked by anujbajpai44 | 13 Mar, 2019, 10:59: PM
answered-by-expert 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
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