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What is it called when the government takes over a private industry?
Wiki User
∙ 14y ago
Nationalisation
Wiki User
∙ 14y ago
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What type of government takes complete control of the agriculture industry?
i think communistic i think communistic
What is the definition of a nationalize industry?
A nationalized industry is one that a government takes over, usually for a fair price in democratic countries, and is now owned and operated by the government. This was a trend that has now reversed itself. More often then not, many nations with government owned industries are making them into for profit enterprises.
What is it called when the government takes a hand off aprroach to businesses?
Laissez-faire
How are the economic systems of North Korea and China similar?
The only real similarity is that the government takes a strong interest in controlling and co-opting industry. While both countries self-define as Communist States, most of the Chinese economy is actually capitalist, with stocks, private ownership, and large-scale privatization. North Korea, by contrast, has much more state ownership.
What type of government is capitalism?
N/A. Capitalism is exclusively an economic system where private companies drive a country's trade and industry. Capitalism can occur under nearly any form of government, be it democracy, monarchy, autocracy, military junta, or a theocracy.
When government takes control of industry it is called?
nationalization
What is it called when the power of government takes private property for the public good with due compensation?
Imminent Domain
Government nationalization of industry?
A government takes over and operates factories.
What is the meaning of the term government nationalized of industry?
a government takes over and operates factories
What is the meaning of the term government nationalism of industry?
a government takes over and operates factories
What is the meaning of the term government nationalization of industry.?
a government takes over and operates factories
What is the meaning of the term government nationalize of industry?
a government takes over and operates factories
What is it called when the government takes private property?
Under normal conditions, the government cannot take private property for public use. However, there are times when they can. This is legally called eminent domain.
If the Government takes control of private industries what does it mean when they change from producing recreational items to combat items?
The first part is called nationalisation, the process of making a company or industry government controlled or financed.The second is called militarisation, the act of turning normally peaceful or neutral industries (or more generally a society) towards military-oriented goals or actions.
What are the ranks in government?
There are 3 ranks in the Canadian Government, one is called the municipal government, the government takes care of in the city. The next one is called the provincial government, which the government takes care of in the province and the federal government, which the government takes care of in the country Canada.
What type of government takes complete control of the agriculture industry?
i think communistic i think communistic
What is it called when the government spends more than it take in?
When a government spends more money in a year than it takes it, it is called a deficit. When it spends less than it takes in, it is called a surplus.
