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One disadvantage of nationalization is that it can lead to inefficiencies, as government-run enterprises may lack the competitive pressures that drive innovation and cost-effectiveness in the private sector. Additionally, nationalization can result in bureaucratic management, which may slow decision-making and responsiveness to market demands. Furthermore, it may strain public resources and finances, especially if the nationalized entities operate at a loss. Lastly, nationalization can also lead to political interference, compromising the operational integrity of the businesses involved.
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What is it called when the government takes over a private industry?
Nationalisation
What are the advantages of nationalisation in commerce?
Nationalisation in commerce can provide several advantages, including enhanced government control over essential industries, which can help ensure equitable access to resources and services for all citizens. It can also lead to increased investment in public goods and infrastructure, as profits can be reinvested into the economy rather than distributed to private shareholders. Additionally, nationalisation can help stabilize markets and protect jobs during economic downturns, fostering a more resilient economy. Finally, it can promote social welfare by prioritizing public interest over profit motives.
How does government intervenes in a business?
the government entervenes by controlling the industry by nationalisation. it makes it under its control by financing it .
What is the characteristic of a nationalised industry?
nationalisation, is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.
Since bankers financiers and everything associated with capitalism is now exposed as fraud greed and even more greed should we be rid of these leeches and consider global nationalisation?
No.
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
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 a company eats up its own market share what is it called?
nationalisation
When was the second phase of nationalisation of banks done?
15th April, 1980
What is a disadvantageof using the twisted pair cable?
The disadvantage is that attenuation increases with frequency above 100 kHz in these cables.
What are disadvantages of nationalisation?
this is really helping student of this generation ....... this is really helping student of this generation .......
What is the disadvantageof using animal organs for transplants?
the animal could have a really bad disease and could kill what thing the organ went to.
What are the advantages and disadvantageof plastic begs?
Advantage of plastic bag is to carry any things very easily but the disadvantage is that it is main source of polution.
