Home » Commerce » The taking over of privately owned businesses by the government is calledThe taking over of privately owned businesses by the government is called The taking over of privately owned businesses by the government is called A. indigenization B. commercialization C. nationalization D. privatization Correct Answer: Option C Explanation Related Posts The changing of the original form of an object to a form that can give… If a business uses part of its profit to develop the area where it operates,… Small scale retail attracts a lot of new enterpreneurs in West Africa because A syndicate is an/a which of the following is not a factor of production With the aid of a diagram, illustrate six branches of trade and show six types of retail outlets