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AP Comparative Government
Unit 5 – Political & Economic Change in Development
Topic 5.2
Unit 5
5.2 Political Responses to Global Market Forces
What is the main difference between privatization and nationalization?
Privatization regulates the economy, while nationalization cuts government spending.
Privatization transfers state-owned enterprises to private owners, while nationalization transfers ownership from private organizations to the government.
Privatization promotes social welfare, while nationalization increases efficiency.
Privatization protects national interests, while nationalization encourages competition.
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AP Comparative Government - 5.2 Political Responses to Global Market Forces
Key terms
Nationalization
Privatization
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