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Grayce Weimann

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3y ago

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Related Questions

What are the advantages disadvantages of nationalisation?

The advantages of nationalism are that they give the government control over the country's Natural Resources, instead of giving it to foreign companies. The disadvantage is that it stifles competition.


What is meant by nationalisation of bank?

Nationalisation of banks means taking private ownersip of banks to goverment.


What is nationalisation in education?

it means that the system of educaton will be


How many banks were in second phase of nationalisation?

6


What are the advantages and disadvantages for a country if it decides to nationalise its industries?

Nationalising industries can provide a country with greater control over its resources, potentially leading to more equitable wealth distribution and the ability to prioritize public welfare over profit. However, disadvantages include the risk of inefficiency due to lack of competition, potential mismanagement, and reduced foreign investment, which can hinder economic growth. Additionally, nationalisation may lead to political tensions and resistance from stakeholders who oppose government control. Ultimately, the impact of nationalisation depends on the specific context and implementation strategies employed by the government.


What are the advantages and disadvantages of nationalisation?

The advantages of nationalism are that they give the government control over the country's natural resources, instead of giving it to foreign companies. The disadvantage is that it stifles competition.


Nationalisation of bank when Indira Gandhi was prime minister?

Yes


What is it called when the government takes over a private industry?

Nationalisation


Who was the prime minister of India at the time of nationalisation of bank?

Indira Gandhi


When was the second phase of nationalisation of banks done?

15th April, 1980


When a company eats up its own market share what is it called?

nationalisation


What has the author Leonard J Tivey written?

Leonard J. Tivey has written: 'Nationalisation in British industry'