Economics (AS & A Level) · May / June 2021 · Paper 11 · Question 14
9708Government policies to achieve efficient resource allocation and correct market failure
What is nationalisation?
- Aimmigrant workers being granted permission to work in a country
- Bprotecting domestic industries from foreign competition
- Cthe government determining which goods should be produced
- Dtransfer of a company from private ownership to government control
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Correct answer: D. transfer of a company from private ownership to government control
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