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Marketing 2
Beginning of essay
The term Privatization is often loosely used to mean a number of related activities, including any expansion of the scope of
private sector activity in an economy and the adoption by the public sector of efficiency enhancing techniques commonly
employed by the private sector. While acknowledging th ....
Middle of essay
....moved to nationalize existing foreign interests in their countries and also to create new state enterprises to carry
out the various production and trading functions. Parastatal corporations rapidly dominated the extractive industries,
manufacturing and financial sectors of their economies, and acquired important economic and political status, becoming major
sources of employment. The moderate growth experienced in the seventies, however, was quickly reversed by the financial
crisis of the e.... |
| Number of words: 468 |
Approximate pages: 2 |
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