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Terms that are on use on this site.
There are 132 entries in this glossary.
P
| Term |
Definition |
| PNAC |
Project for the New American Century
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| Privatization |
Transferring property or business functions from public ownership/operation to private hands. The opposite of nationaliziation. Types of
government contracts that have been privatized include prisons,
water utilities, trash collection, clerical jobs, food service,
information system jobs, and job placement for welfare recipients.
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