Question

Which was the first country to introduce Privatisation?

Answer 1

In the 20th century, the first country to sell its property to the public was Nazi Germany.

Also see:

• Objectives of Privatisation
• What Is the Difference Between Liberalisation and Privatisation?
• What Is the Impact of Liberalisation Privatisation and Globalisation on Business?
• What Led to LPG Reforms?

Stay tuned to BYJU’S to learn similar Commerce Questions.