2006-10-11 05:53:04 · 7 answers · asked by AtHaR 1 in Education & Reference ➔ Higher Education (University +)
It really depends on the context, but whenever a governmental entity uses a private (for-profit) firm to handle delivery of services, that is privatization. If your city government decides that it no longer wishes to purchase, maintain and operate trash trucks, as well as train drivers to pick up trash and keep them on payrolls, then it may decide to contract municipal trash removal out to a private company. This is privatization. The city will probably want the best and most efficient company to handle trash removal; they will put the job out for a competitive bid, meaning that anyone who thinks they are capable can try and get the contract. Then, the city will decide who will do the best job for the least amount of money.
A service can be privatized in other ways. Instead of building affordable housing for everyone who needs it, a city may give out vouchers to low-income families. This family can take the voucher to anyone who will accept it, and pay 30% of their income for the housing, while the voucher means that the government pays the rest. Instead of giving food to hungry people, the city may administer food stamps from the department of agriculture to individuals who can then take those food stamps to the grocery store and buy food. In these two examples, even though a privately-owned firm wasn't involved, the government has used private means to house and feed its citizens.
2006-10-11 08:39:59 · answer #1 · answered by Angela 2 · 0⤊ 0⤋
To remove from Government Control to the Private Sector.
2006-10-11 07:03:38 · answer #2 · answered by MAK 6 · 0⤊ 0⤋
I think it refers to taking certain governmental functions and having companies or corporations owned by private individuals take over those functions. For example, there was a time when every military installation you visited in the U.S. was guarded by military police. Nowadays many military installations are guarded by "rent-a-cops" supplied by a civlian security company. It's usually done when a private company or corporation can provide the same service for a lower cost.
2006-10-11 06:02:05 · answer #3 · answered by sarge927 7 · 0⤊ 0⤋
To make private.
2006-10-11 05:59:30 · answer #4 · answered by sexy_lil_butterfly 2 · 0⤊ 0⤋
Deregulating government oversight so corporations can run roughshod over private citizens and line their pockets and those of their investors.
2006-10-11 06:01:39 · answer #5 · answered by Anonymous · 0⤊ 0⤋
as far as i know, the government (public sector) giving away (or selling) it's property or real estate to individuals, so they can develop it as a private firm.
2006-10-11 06:04:16 · answer #6 · answered by hoi polloi 2 · 0⤊ 0⤋
it means not government.
2006-10-11 06:01:46 · answer #7 · answered by LatterDaySaint and loving it 6 · 0⤊ 0⤋