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Outright sale of public assets to a private company. In the United States, the contracting of management and operations to a private provider (outsourcing) has been more common than the sale of utility assets to private companies. No major U.S. city has sold its utility assets in recent decades, although some smaller water utilities have done ...
Convict leasing in the United States was widespread in the South during the Reconstruction Period (1865–1877) after the end of the Civil War, when many Southern legislatures were ruled by majority coalitions of African Americans and Radical Republicans, [8] [9] and Union generals acted as military governors. Farmers and businessmen needed to ...
There was "very little" privatization during 1992: only 22 state-owned enterprises were privatized. The pace picked up throughout the following year, with more than 260 companies privatized. [64] Four of the 22 enterprises privatized in 1992 were sold to foreign investors. [65] In 1993, 265 companies were privatized, followed by 604 in 1994.
The company has capitalized on budgetary strains across the country as governments embrace privatization in pursuit of cost savings. Nearly 40 percent of the nation’s juvenile delinquents are today committed to private facilities, according to the most recent federal data from 2011, up from about 33 percent twelve years earlier.
Privately held companies generally have fewer or less comprehensive reporting requirements and obligations for transparency, via annual reports, etc. than publicly traded companies do. For example, in the United States, privately held companies are not generally required to publish their financial statements. By not being required to disclose ...
Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800's, the financial giant acknowledged Thursday, an admission that comes at a time when ...
This is a glossary of American slavery, terminology specific to the cultural, economic, and political history of slavery in the United States. Acclimated: Enslaved people with acquired immunity to infectious diseases such as cholera, smallpox, yellow fever, etc. [1]
Private water companies have existed in the United States for more than 200 years and number in the thousands today. The private water industry serves more than 73 million Americans. [7] According to the National Association of Water Companies (NAWC), more than 2,000 facilities operate in public-private partnership contract arrangements. [8]