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Class 10 > Learn Class IX-X Tuition > Difference between Nationalisation and Privatisation?
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Difference between Nationalisation and Privatisation?

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Difference between Nationalisation and Privatisation?
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Science Magician

They're two business related terms. Privatization is the opposite of nationalization. Privatization is when a business that is owned by the government is sold TO an individual. Nationalization is when the government buys a certain business or firm FROM an individual in the private sector.
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Physics & Mathematics Expert for JEE Mains,Advanced & Olympiads with 13 yrs experience

nationalisation=owned by government, privatisation=owned by private individual. Note: Sometimes govt/pvt individuals have shares in organisations.If that share is >50% = nationalised
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A good teacher and quick learner

Nationalisation and privatisation respectively describe the process by which assets and/or enterprises are transferred into public and private ownership. Nationalisation is also used to refer to the transfer of assets and/or enterprises from the hands of municipal and local governments into the ownership...
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Nationalisation and privatisation respectively describe the process by which assets and/or enterprises are transferred into public and private ownership. Nationalisation is also used to refer to the transfer of assets and/or enterprises from the hands of municipal and local governments into the ownership of central government.?[1][1] R. Millward, Private and Public Enterprise in Europe:... Privatisation means the sale to the public of at least 50% of those state-owned industry shares. Commonly associated, although clearly different, from these ownership issues are the terms deregulation and liberalisation. By deregulation is meant a loosening of the regulations affecting the industry, and at times an implicit hope that this will encourage new entrants. Liberalisation is a more definite statement of intent to open up the market to greater competition. While historians tend to focus on the transfer of ownership effected by nationalisation and privatisation, for economists and business historians there has been at least as great an interest in efforts made to reintroduce competition into these monopolistic nationalised industries read less
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Economics Teacher with 2 years experience

When money is invested to form a company is formed by the government (from tax revenues collected) it is Nationalization. When money is invested by public directly, it is privatization.
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In general terms, Privatization is when a business that is owned by the government is sold to an individual. Conversely, Nationalization is when the government buys a certain business or firm from an individual in the private sector. Nationalisation and privatisation respectively describe the process...
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In general terms, Privatization is when a business that is owned by the government is sold to an individual. Conversely, Nationalization is when the government buys a certain business or firm from an individual in the private sector. Nationalisation and privatisation respectively describe the process by which assets and/or enterprises are transferred into public and private ownership. Nationalisation is also used to refer to the transfer of assets and/or enterprises from the hands of municipal and local governments into the ownership of central government.? Privatisation means the sale to the public of at least 50% of those state-owned industry shares. read less
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EASY AND EFFECTIVE WAY OF LEARNING

Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector (the state or government) to the private sector. Nationalization is the process of taking an industry or assets into the public ownership of a national government...
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Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector (the state or government) to the private sector. Nationalization is the process of taking an industry or assets into the public ownership of a national government or state. read less
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Excellence Award Winner ( 7 times )

Privatization is the act of selling Government owned business to the private sector. Whereas, Nationalization occurs when the government buys certain business
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