Privatization is an important element of the movement toward a greater market orientation in many nations.

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Privatization involves transferring ownership and control of government-owned enterprises to private entities. This process is often seen as a way to increase competition, improve efficiency, and reduce government intervention in the economy, all of which align with a greater market orientation. So, privatization is an important element of the movement toward a greater market orientation in many nations.

Privatization Is an Important Element of the Movement Toward a Greater