The term is often discussed in politics; opinions on privatization can be strong and divided. Debates on whether to privatize the water supply are heating up.
Pro Tip 2/3
Economic Impact
When learning 'privatize,' understand it can lead to major shifts in economies and affect jobs. Workers were concerned about job security after the privatization announcement.
Pro Tip 3/3
Social Services
'Privatize' is often used about services like healthcare, education, and transport. Citizens protested the decision to privatize the national healthcare system.