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disadvantages of nationalized industries

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Disadvantages of nationalized industries?

Many times, when an industry is nationalized, the cost of managing the industry becomes quite expensive. Changes and improvements also move at a slower pace with increased bureaucracy.


What are the advantages and disadvantages of small scale industries in Indian economy?

Advantages of small scale industries are that they can be more personable. Small industries are better able to make their own rules than larger industries. Disadvantages are that they are often more expensive than large industries do have to fight to stay afloat.


Discuss the advantages and disadvantages of globalisation to small scale industries in India?

what are the advantages of small scale industries?


What are disadvantages of cottage industries?

Disadvantages of cottage industry Low output Lack of standardization, no common spare parts High cost of product


What are disadvantages of primary industries?

Primary industries, such as agriculture, forestry, and mining, often face several disadvantages, including environmental degradation, resource depletion, and vulnerability to market fluctuations. They can lead to soil erosion, deforestation, and loss of biodiversity due to intensive practices. Additionally, these industries typically offer low wages and can perpetuate cycles of poverty in rural areas, limiting economic diversification and growth opportunities. Lastly, reliance on primary industries can make economies susceptible to global price changes and climate-related impacts.

Related Questions

Disadvantages of nationalized industries?

Many times, when an industry is nationalized, the cost of managing the industry becomes quite expensive. Changes and improvements also move at a slower pace with increased bureaucracy.


Traditionally French industries have been?

nationalized


What are the nationalized industries in Jamaica?

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What are the disadvantages of certain industries?

industries and their disadvantages


What leader caused Argentina economies to decline when he nationalized many private industries?

Juan Peron


When did Hitler nationalize the German banks?

No, he said there was no need to nationalize banks and industries when he had already nationalized the people (into the military). He gave huge military contracts to industries and they couldn't be happier.


What are the advantages and disadvantages of small scale industries in Indian economy?

Advantages of small scale industries are that they can be more personable. Small industries are better able to make their own rules than larger industries. Disadvantages are that they are often more expensive than large industries do have to fight to stay afloat.


Discuss the advantages and disadvantages of globalisation to small scale industries in India?

what are the advantages of small scale industries?


What are merits and demerits of cottage industries?

what are the disadvantages of cottage industry


Bill of Rights has not been nationalized?

has not been nationalized


Disadvantages of industrial policy?

The disadvantages of industrial policy are that it creates industries that are inefficient and causes unemployment increases internationally.


What has the author Ernest Darwin Simon written?

Ernest Darwin Simon has written: 'The anti-slum campaign' 'How to abolish the slums' 'The boards of nationalized industries' 'The rebuilding of Manchester'