However, the nationalisation policy faced many difficulties en experience
mal Pakistan's education system was not yet producing sufficiently educated
d workers to take managerial positions in the industries under the Federal
Ministry of Production. Capable factory owners were often replaced by civil
şervants with little understanding of commerce. Lagging
2. The Federal Ministry had a huge job to do. co-ordinating nationalization across
1 the country. The system often got bogged down in bureaucratic muddle
3. The changes took place at a time when the world was going through a
recession. The newly nationalized industries faced a declining demand for
their goods, in keeping with reduced demand across the world. Private
companies would have been forced to close; Pakistan's nationalised industries
continued to operate.
Answers
Explanation:
The Nationalisation process in Pakistan[1] (or historically simply regarded as the "Nationalisation in Pakistan") was a policy measure programme in the economic history of Pakistan, first introduced, promulgated and implemented by Prime Minister Zulfikar Ali Bhutto and the Pakistan Peoples Party to lay the foundation of socialist economics reforms to improve the growth of national economy of Pakistan.[2] Since the 1950s, the country had undergone a speedy industrialisation and became an industrial paradise in Asia.[3] But, as time progressed, the labour trade unions and labour-working class had increasingly strained relations with the industrial business oligarch class, having neglected to improve working conditions and failing to provide a healthy and safe environment for the workers in these industrial industries.[4]