if the brazilian government transferred the state ownership of the electric company, the airports, highways, and ports to private investors to stimulate the economy. this is an example of: privatization.
Privatization can be defined as the way in which government property or government business is privatize or owned by private sector.
On the other hand privatization is when public properties becomes private properties because it was acquire by private individual or the transfer of ownership from public to private sector.
Therefore if the brazilian government transferred the state ownership of the electric company, the airports, highways, and ports to private investors to stimulate the economy. this is an example of: privatization.
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