Concept:Privatization is the transfer of government-owned enterprises to private individuals or companies.
Explanation:The question asks for the term used when government businesses are transferred to individuals.
When the government sells or hands over its enterprises to private citizens or firms, this process is called privatization.
In privatization, ownership and control move from the public sector to the private sector.
Commercialization is different because the business remains under government ownership but is run for profit.
Deregulation refers to removing government restrictions, not transferring ownership.
Nationalization is the opposite process, as it transfers private businesses to government control.
Since the transfer here is from the government to individuals, privatization is the correct term.
Answer:B. privatization