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A state corporation is a legal entity created by a government to undertake commercial activities on its behalf, often with the goal of providing public services or managing state-owned assets. Nationalizing industries refers to the process whereby a government takes control of private industry or assets, converting them into state-owned enterprises. This can be done to ensure that essential services are accessible to all citizens, to protect jobs, or to control resources for national interests. Both practices are often associated with economic policies aimed at increasing government influence in the economy.
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What is to bring industries under state control?
Nationalize
When was State Industries Promotion Corporation of Tamil Nadu created?
State Industries Promotion Corporation of Tamil Nadu was created in 1972.
When did Hitler nationalize the German banks?
No, he said there was no need to nationalize banks and industries when he had already nationalized the people (into the military). He gave huge military contracts to industries and they couldn't be happier.
How did the decisions to nationalize some important industries impact Britain's economy?
Forced the government to prop up industries.
When was Changhe Aircraft Industries Corporation created?
Changhe Aircraft Industries Corporation was created in 1969.
What is the symbol for CTI Industries Corporation in NASDAQ?
The symbol for CTI Industries Corporation in NASDAQ is: CTIB.
In what year did CTI Industries Corporation - CTIB - have its IPO?
CTI Industries Corporation (CTIB) had its IPO in 1997.
What is the market cap for CTI Industries Corporation CTIB?
As of July 2014, the market cap for CTI Industries Corporation (CTIB) is $14,689,966.20.
What is a SIDCO?
Small Industries Development Corporation
What has the author Girish Kumar Patra written?
Girish Kumar Patra has written: 'Institutional financing for small-scale industries' -- subject(s): Andhra Pradesh State Finance Corporation, Finance, Orissa State Finance Corporation, Small business
What step did the Britain take to improve its economy?
They decided to nationalize some industries.
Two reason why the government may nationalize an industry?
the government may nationalize an industry 1-the industry may be sinking or becoming bankrupt 2-the industry may be exploiting consumers rights an need to be repremanded =================== A third reason may be that a nations vital self interest requires the nationalization of various industries.
