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a government takes over and operates factories
a government takes over and operates factories
a government takes over and operates factories
a government takes over and operates factories
This phase means government take-over of an industry. "nationalize" means the private ownership ends and the industry belongs to the "people" and "they" get the profits if there are any.
Oil industry
industry
In the United States, the first industry to be regulated by the government was the railroad industry. This was done through the Interstate Commerce Act of 1887.
wholeslae industry
owns it
Throughput in Oil & gas industry
The government owns the oil industry