Title: (Optional) Examine the concept of privatization.
Course: Opportunities in Global Trade (12056-I) > Section: Exploring the Realities and Fluctuations of the Global Economy

Examination should include a definition of privatization and a description of the ways and reasons that government-owned businesses are converted to private ownership.

Process/Skill Questions:

- How could privatization lead to capitalism (e.g., a government-owned bakery being bought by its employees)?
- How can privatization influence international trade?
- Why might a nation choose to privatize?
- What are the advantages and disadvantages of privatization?
- Which countries are actively privatizing businesses? Why?
- How does privatization benefit developing nations/emerging markets?