Privatization is the process of transferring ownership and control of public enterprises or sectors from the government to the private sector.

It is usually motivated by the desire to improve the efficiency, productivity, and profitability of public enterprises, as well as to reduce the fiscal burden on the government.

A market economy is an economic system where the prices of goods and services are determined by the forces of supply and demand, without much government intervention. 

It is characterized by private property rights, free markets, competition, and consumer sovereignty.

Privatization is geared towards a market economy because it aims to increase the role of the private sector and reduce the role of the government in the economy.