What is Privatization? - Definition & Process


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Which of the following is an example of privatization?

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1. Which of the following is probably not well suited for privatization?

2. The transferring of the production of goods and services from the public sector to the private sector is generally referred to as what?

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About This Quiz & Worksheet

On this quiz and worksheet, plan to be tested on topics regarding privatization, such as its examples, applications, and advantages.

Quiz & Worksheet Goals

More specifically, you'll be quizzed on:

  • Examples of privatization
  • Thing(s) not well suited for privatization
  • The transferring of goods/services production from the public to the private sector
  • Necessary legal documents for privatization
  • Advantages of privatization

Skills Practiced

  • Information recall - access the knowledge you've gained regarding the private sector
  • Knowledge application - use your knowledge to answer questions about examples and uses of privatization
  • Interpreting information - verify that you can read information regarding advantages of privatization and interpret it correctly

Additional Learning

Learn more when it comes to privatization by employing the help of our video lesson, What is Privatization? - Definition & Process. This lesson will particularly cover:

  • Privatization's definition
  • Classifications of privatization
  • Advantages and disadvantages of privatization