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Homework answers / question archive / Ontario sold the toll-road Highway 407 and its share in a land-registry firm

Ontario sold the toll-road Highway 407 and its share in a land-registry firm

Economics

Ontario sold the toll-road Highway 407 and its share in a land-registry firm. This is an example of: A. privatization B. free-trade C. financial aid D. national policy 
 

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Answer

A.

Explanation

The transfer of ownership, property or business from the government to the private sector is termed privatization. So, the correct option is A "Privatization". This is an example of Privatization.

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