privatization

Meanings

• The process of transferring ownership or control of certain business sectors or services from public to private entities.

  - "The government announced its plan to privatize the telecommunications sector."
  - "Many cities have privatized their waste management services, leading to improvements in efficiency and cost savings."

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Antonyms

nationalization

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Rhymes

Words rhyming with privatization
Array of all rhyming words that sound similar to privatization

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Homophones

Words having the same pronunciation but different meanings, origins, or spelling,

1. Array of all Homophones of 'privatization' that pronounced same but different meanings
   

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Variants

List of all variants of privatization that leads to same result
privatization , privatizations , privatize , privatized , privatizes , privatizing

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Forms

Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).

Array of different forms of the 'privatization' (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'privatization' originated in the late 1980s, during the Reagan Administration in the United States. At that time, the government began to sell off its ownership or control of various businesses and industries, transferring them to private entities.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Neoliberalism: A political and economic ideology that advocates for limited government intervention in the economy, free trade, deregulation, and privatization.

2. Public-Private Partnerships (PPPs): A type of agreement between public and private entities, whereby the private party provides a public service or project, and assumes substantial financial, technical, and operational risk in the process.

3. Corporatization: A process by which public institutions or services are transformed into private corporations or businesses, often with the goal of increasing efficiency, reducing costs, and generating profits.

4. Marketization: A process by which public institutions or services are transformed into market-driven entities, often with the goal of increasing competition, promoting consumer choice, and reducing government intervention in the economy.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Any cultural, historical, or symbolic significance of the 'privatization'. Detailed info How the 'privatization' has been used in literature, art, music, or other forms of expression.

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