Skip to main content

Sage Social Science Thesaurus

Search from vocabulary

Content language

Concept information

social science subjects > economics > economic systems > capitalism > privatization
... > social science subjects > politics and international relations > political science > comparative politics > economic systems > capitalism > privatization
... > social science subjects > sociology > social theory > macrosociological theories > capitalism > privatization
... > social science subjects > economics > economic concepts > political economy > capitalism > privatization
... > social science subjects > politics and international relations > political science > political economy > capitalism > privatization

Preferred term

privatization  

Definition

  • Privatization refers to the shift of functions and responsibilities, in whole or in part, from the public to the private sector. Its best-known form is the transfer of state-owned assets and enterprises to private hands, while another takes the form of the granting of long-term franchises or concessions by government, under which the private sector finances, builds, and operates major infrastructure. [Source: The Encyclopedia of Libertarianism; Privatization]

Broader concept

Narrower concepts

Related concepts

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/privatization

Download this concept:

RDF/XML TURTLE JSON-LD