NATIONALIZATION, PRIVATIZATION AND COMMERCIALIZATION OF BUSINESS

NATIONALIZATION, PRIVATIZATION AND COMMERCIALIZATION OF BUSINESSES
 
NATIONALIZATION 
This simple means the taking over or acquisition of previously privately owned business enterprises by the government for ownership and control. This was what happened in Nigeria after the Nigerian – Biafra war in the early 1970s.  This means that, the formerly private owned primary and secondary schools were acquired from all the private individuals and organizations that originally started and owned them. Such takeovers may be carried out with or without any compensation to those initial owners and nationalization may be partial or total.


TABLE OF CONTENTS
 Title page---------i
Dedication  ---------ii
Acknowledgment  --------iii
Table of contents --------iv

Nationalization 1
Reasons for Nationalization1
Opposition of Nationalization 2

Commercialization 4
Meaning and Definition of Commercialization 5
Objective of Commercialization 6
Implication of Commercialization 7

Privatization 
Meaning and Definition of Privatization 10
Objectives of Privatization 11
Implication of Privatization 12

References 14 





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APA

Kings, S. (2018). NATIONALIZATION, PRIVATIZATION AND COMMERCIALIZATION OF BUSINESS. Afribary. Retrieved from https://afribary.com/works/nationalization-privatization-and-commercialization-of-business-4780

MLA 8th

Kings, Solomon "NATIONALIZATION, PRIVATIZATION AND COMMERCIALIZATION OF BUSINESS" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/nationalization-privatization-and-commercialization-of-business-4780. Accessed 26 May. 2024.

MLA7

Kings, Solomon . "NATIONALIZATION, PRIVATIZATION AND COMMERCIALIZATION OF BUSINESS". Afribary, Afribary, 29 Jan. 2018. Web. 26 May. 2024. < https://afribary.com/works/nationalization-privatization-and-commercialization-of-business-4780 >.

Chicago

Kings, Solomon . "NATIONALIZATION, PRIVATIZATION AND COMMERCIALIZATION OF BUSINESS" Afribary (2018). Accessed May 26, 2024. https://afribary.com/works/nationalization-privatization-and-commercialization-of-business-4780

Document Details
Field: Public Administration Type: Paper 16 PAGES (2092 WORDS) (doc)