The economic policy of privatization came up as a result of the poor performance of?

A. commercial banks
B. small-scale businesses
C. public enterprises
D. private enterprises

Correct Answer:

Option C – public enterprises

Explanation

privatization is the transfer of ownership, property or business from the government to the private sector. The policy of privatization came up as a result of the disadvantages and shortcomings of the public sector, which stems from inefficienc.