Privatization, when used with government, means taking a government run program and converting it to private industry. In some countries, for example, the government owns and operates the railroads. The government then sells the railroads to individuals or companies, who then own and operate the railroads.
Commercialization, when used with government, means advertising something that the government once prohibited. At one time, in the USA, lawyers were not allowed to advertise; now they are.
2006-06-06 00:09:41
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answer #1
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answered by regerugged 7
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Commercialization means trying to operate a government owned
corporation profitably, as if it is a commercially operated
private entity.
Privatization means transfering the ownership of government
run corporations to private sector.
2006-06-19 12:14:18
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answer #2
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answered by love 3
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commercialization is a process where individuals operate government owned business profitably while privatization means transferring the authority of government ownership to private companies
2015-06-01 00:28:05
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answer #3
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answered by Gabriel Tendai 1
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commercialism is the practice of turning a practice or service that used to be free and for the benefit of many , into a business that benefits a few
Privatization is the practice of turning a public assetts which has been paid for by the public and is mostly a benefit to everbody, into a business opportunity which benefits that same few who are mostly associates of government hierarchy
2006-06-19 01:16:08
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answer #4
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answered by John B 1
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Commercialism is selling abroad whilst privatism is completely different.
The government builds things.e.g.roads and sells them to private companies.
2006-06-10 05:47:40
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answer #5
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answered by Anonymous
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I agree with regerugged.
2006-06-16 07:06:59
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answer #6
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answered by David Y 5
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gosh im ignorant to this answer.
2006-06-19 12:36:17
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answer #7
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answered by Anonymous
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not much why?
2006-06-19 08:37:42
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answer #8
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answered by Anonymous
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