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How have Zambians benefited from nationalization?

Updated: 8/21/2019
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Q: How have Zambians benefited from nationalization?
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The effects of nationalization of the Commercial Bank in India is that it has had a positive effect on the economy. The natives of the country have directly benefited from nationalization of the bank because they own it.


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Background of nationalization?

New food for thoughts on nationalization and its background from a different angle can be found at:Munoz, Lucio, 2010. Nationalization as Privatization in Reverse: Understanding the Nature of the Commons to Identify a Possible Point of Optimal Nationalization, Journal of Sustainability, Issue 3, Number 1, July 20, Rio Rancho, New Mexico USA.


When was the first nationalization of banks done?

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