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Privatization

Scope Note: 
The transfer of government assets and services to the private sector -- also, the practice by government agencies of hiring private contractors to perform agency functions
Category: Economics and Finance
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Use this term instead of
Contracting Out (of Government Services)
Related Terms
Business
Commercialization
Contracts
Economics
Free Enterprise System
Government Role
Government School Relationship
Neoliberalism
Outsourcing
Private Sector
Public Agencies
Public Policy
School Business Relationship
Added to ERIC: 4/25/1990