Multiple Choice
The finance minister of a country considers several large, state-owned iron manufacturing units to be inefficient and a source of corruption. To generate resources for public expenditure and promote economic growth, the government decides to auction an entire iron manufacturing plant to sell it to a strategic investor. This process exemplifies
A) nationalization.
B) industrialization.
C) liberalization.
D) privatization.
Correct Answer:
Verified
Correct Answer:
Verified
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