A government policy that encourages transfer of ownership from foreigners to indigenes of the country…

Commerce JAMB 2017

A government policy that encourages transfer of ownership from foreigners to indigenes of the country is known as ____?

  • nationalisation
  • privatisation
  • indigenisation checkmark
  • commercialisation

The correct answer is: C

Explanation

Is a process of transferring ownership of foreign owned business to the indigenes of the country to encourage full participation of economic activities in the country.
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