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a government takes over and operates factories
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What is another name for a nationalized industry?
The other term for an industry that has been nationalized is one that has been socialized. Used in the proper context, socialize won't mean being social. It will mean that the government now owns and operates it. Also, in the proper context, the industry as example the oil industry can be said to be removed from private ownership.
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 nationalism 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 natinalised banks?
A nationalized bank is a bank that is wholly or majorly owned by the government of the country where it is operating. The term nationalized banks is very common in India and is used to signify a bank that is owned by the Government of India. For ex: State Bank of India is a nationalized bank and is fully owned by the Indian government
What is the criteria for nationalised bank in India any bank is called nationalised?
A Bank is considered Nationalized if the bank is fully or at least majorly owned by the Government of India. The term nationalized is very commonly used in india to refer to government owned banks. They are called state owned banks or public sector banks in other countries. State bank of India, Punjab National Bank etc are examples of nationalized banks in india.
What is difference between public sector banks and nationalized banks?
Nothing. There is no difference. Because the term public sector bank and nationalized bank refers to the same thing. A bank that is owned by the government. Since it means the same thing, there cant be any difference between the two terms.
Whats the meaning of the term government contractors?
The term government contractors is a private company that produces goods or services. To be classified as a government contractor the government must have a contract with the company.
Who was the President of Mexico who nationalized Mexico's oil fields?
Lazaro Cardenas (term: 1934 - 1940)
What is meaning of DPK in petroleum?
DPK is a term in oil and gas industry which stands for Dual Purpose Kerosene
The government of iran today is based on islamic law. What term best describes a government based on religion?
The term that best describes a government based on religion is called a Theocracy (Theo meaning God).
What are cradle to grave benefits?
Cradle-to-grave is a term used in the insurance industry and when referring to certain government benefits. The term means you are covered from birth until death.
