MCQOPTIONS
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| 1. |
Nationalization means |
| A. | Taking over, by the government, of existing privately run concerns |
| B. | Establishing new enterprises as state run concerns |
| C. | Putting the day-to-day control of firms in the hands of Parliament |
| D. | Instituting worker in control of an industry |
| E. | The state assuming control of an industry to secure greater efficiency |
| Answer» B. Establishing new enterprises as state run concerns | |