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Is it absolutely important for governments to have nationalised industries to be able to control the economy's?
While this may lead to a better controlled economy, it would also most likely lead to a less effective economy, and nowadays it is far more important for an economy to be effective than to be under total government control. As such, nationalising industry is probably only worthwhile in necessary, but unprofitable industry, such as the British Royal Mail.
What else can I help you with?
Why is ozone important in industries?
Ozone is important in industries. It is used as a filter.
What are the most important industries in Venice?
glass and naval industries
What are Mississippi three important industries?
what are teo industries in mississippi
Governments set duties on imported goods to restrict or limit trade with other nations why?
Governments set duties on imported goods for a couple of important reasons. They want to protect their industries at home from competition with foreign goods brought in. A by-product of this policy is extra money in the importing country's coffers.
What are Alaska's three most important industries?
Alaska's three most important industries are oil, tourism, and fishing. Other industries in Alaska are coal, gold, and mining.
What is one of Poland's most important industries?
one of Poland's most important industries is coal mining.
What are important industries in France?
France has many wine, cheese, and fishing industries
What industries are important to Italy?
Tourism
Why is it important to understand the tides?
they are important to the fishing and shipping industries.
Why is planning a budget important to a governments success?
no
What are the most important service industries in Europe?
The most important service industries in Europe is the banking and insurance
What industries developed in the new England colonies?
FIshing and whaling became important industries.
