privatization
The Spanish word 'privatización' translates to 'privatization' in English. It refers to the process by which a publicly operated entity is transferred into the private sector, usually by selling or leasing the entity to a private party or parties. This term is often applied in the context of public assets or services like healthcare, education, transportation, or utilities being taken over or managed by private corporations or individuals.
The privatization of public companies has been a controversial issue
This sentence is talking about a controversial subject, the privatization, or the transfer of ownership, of public companies to private hands. It implies that not everyone agrees with this and it stirs up debate.
The privatization of education can increase social inequality
This sentence is expressing an opinion that if education is privatized, thereby making it a service that one must pay for instead of being publicly funded, it can lead to an increase in social inequality because not everyone may be able to afford it.
Many are against the privatization of the health system
This sentence is discussing the privatization of the health system. It states that there is a large group of people who are opposed to privatizing healthcare, implying that they believe it should remain publicly funded and accessible to all.