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Privatization is the process of transferring ownership of a business, enterprise, agency, charity or public service from the public sector (the state or government) or common use to the private sector (businesses that operate for a private profit) or to private non-profit organizations. In a broader sense, privatization refers to transfer of ...
Capitalism. Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated.
Marriage privatization is the concept that the state should have no authority to define the terms of personal relationships such as marriage. Proponents of marriage privatization, including certain minarchists , anarchists , libertarians , and opponents of government interventionism, claim that such relationships are best defined by private ...
A mixed economy is an economic system that accepts both private businesses and nationalized government services, like public utilities, safety, military, welfare, and education. A mixed economy also promotes some form of regulation to protect the public, the environment, or the interests of the state. This is in contrast to a laissez faire ...
e. Private spaceflight refers to spaceflight activities undertaken by non-governmental entities, such as corporations, individuals, or non-profit organizations. This contrasts with public spaceflight, which is traditionally conducted by government agencies like NASA, ESA, or JAXA. The emergence of private spaceflight companies in the middle of ...
Another reason was financial. As the Nazi government faced budget deficits due to its military spending, privatization was one of the methods it used to raise more funds. [57] Between the fiscal years 1934–35 and 1937–38, privatization represented 1.4 percent of the German government's revenues. [58] There was also an ideological motivation.
For-profit higher education in the United States refers to the commercialization and privatization of American higher education institutions. For-profit colleges have been the most recognizable for-profit institutions, and more recently with online program managers, but commercialization has been part of US higher education for centuries.
The term "private sector involvement" was introduced in the late-1990s in the context of the discussions on bond restructurings and capital account crises. [1]: 6. Previously, the term used to broadly denote any kind of private-sector participation into an existing government program, such as, for example, family planning, [2] or health care. [3]