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Why is nationalisation used?

Nationalizationis the process of taking an industry or assets into government ownership by a national government or state.[1]Nationalization usually refers to private assets, but may also mean assets owned by lower levels of government, such as municipalities, being transferred to the public sector to be operated and owned by the state.


What are the private companies?

Business firm in the private (non-public) sector of an economy, controlled and operated by private individuals (and not by civil servants or government-employees). Used also as an alternative term for private limited company. Thanks for your feedback.


Is bank America federal funded?

You mean Bank of America? No, it a privately held corporation, although they did get bailout money in 2009 (not sure if that's what you meant by "federal[ly] funded"). The only bank operated by the government is the Federal Reserve.


Banks that are locally owned and operated?

Credit union


How do LLCs work and what are the key components of their operation?

Limited Liability Companies (LLCs) are a type of business structure that combines the flexibility of a partnership with the limited liability protection of a corporation. The key components of their operation include members (owners), who have limited liability for the company's debts and obligations, and an operating agreement that outlines how the company will be managed and operated. Profits and losses are typically passed through to the members' personal tax returns, and the company is not taxed separately.

Related Questions

What is a specific definite order issued to separately managed and financed government owned and government operated establishment?

Af form 185-project order


What is a specific definite order issued to separately managed and financed government-owned and government operated establishment?

Af form 185-project order


What is a specific definite order issued to separately manage and finance government owned and government operated establishment?

Af form 185-project order


Is a specific definite order issued to separately manage and financed government-owned and government operated establishment.?

Af form 185-project order


What is a specific definite order issued to separately manage and financed government-owned and government operated establishment?

Af form 185-project order


What is a specific definite order issued to separately manage and finance government-owned and government operated establishment?

Af form 185-project order


What is a specific definite order issues to separately manage and finance government owned and operated establishments?

Af form 185-project order


Who must be represented for an efficiently operated government?

All the people must be represented for a government to be operated efficiently.


Why would Front lights work but not the interior lights or radio?

Check your fuses - they are operated separately


Commerce in the 1920s was increasingly characterized by?

the establishment of cooperatives owned and operated by workers and consumers


What is a business owed and operated by the government to provide services to the public?

Government corporation


Where is the Australian government situated and operated from?

Canberra, ACT