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  • 03-03-2022
  • Social Studies
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how is nationalization a problem in the public sector?​

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  • 03-03-2022

Answer:

With nationalization, control that once resided within a corporation now lies with the government. When companies that were once part of the private sector are transformed into a public good, it is often contentious and met with opposition. The income that once belonged to shareholders now belongs to the government.

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