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In 2017, the brazilian government transferred the state ownership of the electric company, the airports, highways, and ports to private investors to stimulate the economy. this is an example of:________

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abiolataiwo2015

if the brazilian government transferred the state ownership of the electric company, the airports, highways, and ports to private investors to stimulate the economy. this is an example of: privatization.

What is privatization?

Privatization  can be defined as the way in which government property or government business is privatize or owned by private sector.

On the other hand privatization  is when public properties  becomes private properties because it was acquire by private individual or the transfer of ownership from public to private sector.

Therefore if the brazilian government transferred the state ownership of the electric company, the airports, highways, and ports to private investors to stimulate the economy. this is an example of: privatization.

Learn more about privatization here:https://brainly.com/question/17985143

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