Question

Circumstances underwhich the government may find it necessary to nationalise an industry

Answer 1

Answer:

Explanation:

Outline FIVE circumstances under which the government may find it necessary to nationalize an industry.

Answer 2

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★Nationalization often happens in developing countries and can reflect a nation's desire to control assets or to assert its dominance over foreign-owned industries. Nationalization is different from privatization, in which government-run companies are moved into the private business sector.

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