nationalisation, is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.
the reason a government may nationalize an industry:1...the industry may be sinking or becoming bankrupt2...the industry may be exploiting customers and need to be reprimanded3....also the industry may be over stepping the consumers right so the government nationalised the industry so that the consumer's/customer's right will be put back into place
It was focused on technology and industry
oligopoly
You need to answer this question question because we don’t do homework. You have the list that describes the economy.
What are the Fundamental characteristic of the market system?
the reason a government may nationalize an industry:1...the industry may be sinking or becoming bankrupt2...the industry may be exploiting customers and need to be reprimanded3....also the industry may be over stepping the consumers right so the government nationalised the industry so that the consumer's/customer's right will be put back into place
is the state ownership,also called public ownership,government ownership or state property.
•The Bank of England and civil aviation were nationalised in 1946. Coal mining, the railways, road haulage, canals and cable and wireless were nationalised in 1947, electricity and gas followed in 1948. The steel industry was nationalised in 1951. By 1951 about 20% of the British economy had been taken into public ownership.
what are the characteristic of hospitality industry
banks in india was nationalised in 1969
water resources should be nationalised
No, SBI is not a nationalised bank. It is one of the greatest bank. It is a public bank but not a nationalised bank. Right now 19 banks were nationalised out of 20, in which SBI i.e. State Bank Of India is not included.
IDBI bank is Nationalised bank
It was focused on technology and industry
It was focused on technology and industry
no, its a private bank and it is not nationalized yet !
Harry Truman nationalised the steel industry on the 8th of April 1952, in order to avoid a strike.