🗳️ap comparative government review

Privatizing

Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2026 exam
Verified for the 2026 examWritten by the Fiveable Content Team • Last updated August 2025

Definition

Privatizing refers to the process of transferring ownership and control of a government-owned company or industry to private individuals or corporations. It is often done to increase efficiency, competition, and economic growth.

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