Nationalizing collective enterprises
- Expropriation
Description
Acquiring of ownership of industrial property processes by a national state or by a lesser political entity within a nation.
Implementation
In the former USSR following the Russian Revolution; railroads of the UK; liquor stores of certain states in the USA; and the banks of India are all examples of nationalization.
Claim
Nationalization may be necessary to maintain non-viable enterprises which are required for national defence purposes.
Counter-claim
Nationalization leads to highly inefficient businesses and they are often very corrupt.
Broader
Narrower
Constrains
Constrained by
Facilitates
Facilitated by
Value
SDG
Metadata
Database
Global strategies
Type
(F) Exceptional strategies
Subject
Commerce » Business enterprises
Government » Public
Government » Sanctions
Value redistribution » Cooperative
Content quality
Yet to rate
Language
English
Last update
Dec 3, 2024