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Business, 07.03.2020 04:44 Avibx8x8

The finance minister of a country considers several large, state-owned iron manufacturing units to be inefficient and a source of corruption. To generate resources for public expenditure and promote economic growth, the government decides to auction an entire iron manufacturing plant to sell it to a strategic investor. This process exemplifies:.
1. Nationalization
2. Liberalization
3. Privatization
4. Industrialization

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