A Level Economics (9708)•9708/12/O/N/22

Explanation
Privatisation as Transfer of Ownership from Public to Private Sector
Steps:
- Define privatisation: the process of converting government-owned assets or services into privately owned ones.
- Evaluate each option against this definition to identify the best match.
- Eliminate options that describe private sector activities without public involvement.
- Select the option that directly involves shifting control from public to private hands.
Why D is correct:
- Privatisation is defined as the transfer of ownership, property, or business from the public sector (government) to the private sector, exactly matching option D.
Why the others are wrong:
- A: Describes a private takeover within the private sector, not involving public assets.
- B: Involves private investment in government debt, not asset transfer.
- C: Refers to share trading among private entities, unrelated to public sector.
Final answer: D
Topic: Supply-side policy
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