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Technically nationalizing gas and oil is very straightforward it is making an industry (here gas and oil) that is controlled by the private sector (international actors) into something that is owned and controlled by the government (national).. hence nationalizing. \

Now what the effect of nationalizing have on the country that is nationalizing and the countries that interact with that country is another question, one that I am still researching.

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13y ago
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Q: What does it mean to nationalize the gas and oil industries?
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