Economy, asked by janhavi3192, 1 month ago

Outcomes of nationalization and socialization in zulfiqar ali bhutto s regime

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Answered by Itscutekanak
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The Nationalization process in Pakistan[1] (or historically simply regarded as the "Nationalization in Pakistan") was a policy measure programme in the economic history of Pakistan, first introduced, promulgated and implemented by people-elected 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]{{deadlink}date=August 2017}}

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