Nationalized Industry

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August 31, 2024 5 min read Definitions
Nationalized Industry: State Ownership of Economic Sectors
Economics Government Regulations Nationalized Industry State Ownership Economic Efficiency Monopoly Power Privatization
An industry whose ownership has been taken over by the state. Nationalization motives vary: moderating monopoly power, enhancing economic efficiency, subsidizing employment, or reducing private capitalists' power.
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