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Privatization vs Commercialization - What's the difference?

privatization | commercialization |

As nouns the difference between privatization and commercialization

is that privatization is the transfer of a company or organization from government to private ownership and control while commercialization is the act of commercializing.

privatization

English

Alternative forms

* privatisation

Noun

  • The transfer of a company or organization from government to private ownership and control.
  • *
  • Antonyms

    * nationalization

    commercialization

    English

    Alternative forms

    * commercialisation

    Noun

    (-)
  • the act of commercializing