privatization etymology

Etymology:

• Latin: "privus" (private) + "-ization" (suffix denoting the process of making something)

Meaning:

• The transfer of a government-owned or controlled asset, industry, or service to private ownership and operation.

Origin:

• The term "privatization" first appeared in the late 19th century, but it gained widespread use in the 1980s during a wave of government downsizing and deregulation efforts.
• The concept of privatization has its roots in classical economic liberalism, which advocates for limited government intervention in the economy and the maximization of individual freedom.
• In the 20th century, privatization was promoted by conservative governments as a way to reduce government spending, improve efficiency, and foster competition in the marketplace.

privatization relate terms

• private

  Etymology The word private comes from the Latin word privatus which means distinct

• privatisation

  Etymology The term privatization is derived from the Latin word privatus which means

• privatization

  Etymology Latin privus private ization suffix denoting the process of making

• loop

  Etymology The word loop comes from the Middle English word lope which in turn comes

• screen

  Etymology The word screen comes from the Old French word escran which in turn is de

• museum

  Etymology The word museum derives from the Greek term mouseion which originally refe

• monument

  Etymology The word monument originates from the Latin word monumentum which means

• discipline

  Etymology Latin disciplina Meaning instruction teaching training Origin discer

• interview

  Etymology Interviu is derived from the French word entrevue which literally means

• bishop

  Etymology From Middle English bischop from Old English biscop from Frankish biskups

• curmudgeon

  Etymology French curmudgeon 15th century Middle French cormillon 13th century

• prosper

  Etymology From Latin prosper meaning successful favorable or lucky Ultimatel