The tranfer of government businesses to individuals is?

The transfer of government businesses to individuals is known as "privatization." This means that a business or industry that was previously owned and operated by the government is sold to private individuals or companies. The goal of privatization is often to increase efficiency and competitiveness, as well as to generate revenue for the government. In a privatized system, the private owners are responsible for making business decisions and managing the company, rather than the government. This can result in improved services and products, but it can also lead to higher prices for consumers.