Privatize for Dummies
verb
pronunciation: 'praɪvə,taɪzWhat does Privatize really mean?
Hey there! So, you're wondering what the word "privatize" means, right? Well, let's dive into it and break it down nice and clear for you!
Privatize is a word that is often used to talk about changing something from being owned or controlled by the government to being owned or controlled by private individuals or companies. It's like taking something that belongs to the whole community or country and shifting it into the hands of a smaller group of people or organizations.
Imagine you have a really cool toy that you love playing with, and normally you let all your friends take turns playing with it too because it's something you all enjoy together. Now, imagine you decide to privatize that toy. It means that you're taking it back, and only you get to play with it. You're making it yours and yours alone.
In the same way, when something is privatized, it means that the government is giving up its ownership or control over that particular thing, whether it's a company, an industry, or even services like healthcare or education. Instead, it's now being transferred to private companies or individuals who will take charge of running and managing it.
Let's think about a real-life example. You know how the school you're in is run by the government? Now, imagine if it was privatized. It would mean that instead of being controlled by the government, the school would be owned and managed by a private company. They would make decisions about things like the curriculum, hiring teachers, and even the fees you would need to pay to attend the school.
So, when something is "privatized," it essentially means that it's being transferred from public control to private ownership or control. It's like a shift in responsibility and decision-making power.
But wait, there's more than one definition! Privatize can also refer to converting a publicly owned property or business into a privately owned one. For example, if a government decides to sell off a state-owned company to a private corporation, that's also called privatizing.
Alright, to sum it all up: privatize means taking something that's controlled or owned by the government and changing it to be controlled or owned by private individuals or companies. It's like giving up the "community toy" and making it "your own toy." So, there you have it, a detailed explanation of what "privatize" means. Hope it makes sense now!
Revised and Fact checked by Elizabeth Martin on 2023-10-28 16:22:52
Privatize In a sentece
Learn how to use Privatize inside a sentece
- A city may decide to privatize their garbage collection services, which means they hire a private company to pick up the trash instead of using government workers.
- Sometimes, governments privatize public transportation, like buses or trains, by letting a private company run them for profit.
- A school district might choose to privatize its cafeteria services by contracting with a private company to provide the food instead of using their own staff.
- In some countries, the government might privatize the postal service, which means they allow a private company to deliver mail and packages instead of a government-owned entity.
- When a government decides to privatize a national park, it means they allow a private company to manage and operate the park for visitors.
Privatize Synonyms
Words that can be interchanged for the original word in the same context.
Privatize Hypernyms
Words that are more generic than the original word.
Privatize Category
The domain category to which the original word belongs.