When a government tells the owners of an industry what to make and how much, that is called fascism. When the government owns the factories and machinery and employs the managers, that is called socialism. Both are dictatorial in nature and the opposite of freedom.
nationalization
Constitutional monarchy
Command Economy.
If a central government runs a nation, it is called a unitary state. In a unitary system, most of the political power is concentrated in the central government, which may delegate authority to local governments but retains the ultimate decision-making power. This contrasts with federal systems, where power is divided between central and regional governments.
The industry may be declining or becoming bankrupt. The industry may be exploiting consumers rights and government wants to safe guard its citizens interest.
Businesses the federal government runs are called government corporations.
nationalization
Nationalisation
When most of the industry is owned by private individuals, it is called privatization.
Constitutional monarchy
Constitutional monarchy
Constitutional monarchy
Constitutional monarchy
the dog lives under the shoe
Command Economy.
is the state ownership,also called public ownership,government ownership or state property.
Oil industry