role of nationalised industries
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role of nationalised industries based on a lecture to the Bristol Centre of the Institute of Bankers on November 11 1980 by Tombs, Francis Sir

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Published by (Electricity Council) in (London) .
Written in English

Subjects:

  • Government business enterprises -- Great Britain.

Book details:

Edition Notes

Cover title.

Statementby Sir Francis Tombs.
Classifications
LC ClassificationsHD4145
The Physical Object
Pagination17p. ;
Number of Pages17
ID Numbers
Open LibraryOL20567356M

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Nationalization, or nationalisation, is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or assets owned by lower levels of government, such as municipalities, being transferred to the opposites of nationalization are privatization and. The Role of Private Property in the Nazi Economy: The Case of Industry Abstract. Private property in the industry of the Third Reich is often considered a mere formal provision without much substance. However, that is not correct, because firms, despite the rationing and licensing activities of the. Apart from public ownership of the mineral rights, there was a significant degree of public participation until through the British Gas Corporation (BGC) and the British National Oil Corporation (BNOC).   It was the very strengths of this British nation – in modernised nationalised industries, domestic food production and indigenous energy supply – .

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The Labour Government nationalised industries but the first charge was the compensation to former shareholders and the industries had been so run down under private ownership that an extensive programme of capital investment was needed.   For example, after , the Labour government nationalised key industries, such as railways, steel and electricity. The argument was that the government would be able to run the industries in the best interests of society. Arguments for Nationalisation include. 1. Natural Monopoly. Many key industries nationalised were natural monopolies.   The United States has a culture that celebrates laissez-faire capitalism as the economic ideal, but the practice is sometimes different. Over the past . Nationalised industries synonyms, Nationalised industries pronunciation, Nationalised industries translation, English dictionary definition of Nationalised industries. tr.v. nationalized, nationalizing, nationalizes 1.