The Creation of Modern CapitalismNameCourseDateIntroductionAccording to the Organization for Economic Co-Operation and Development (2008 , nationalization occurs when the government decides to take up a private airplane propeller such as an constancy or the assets of private individuals into state-supported ownership . Thomas (1805 ) also states that the opposite of nationalization is privatization or municipalization which as he states , occurs when assets owned by the state argon privatizedHistory of interior(a)ization in UKAccording to Thomas (1805 , in 1946 the coal industry that was under the br HYPERLINK http /dic .academic .ru /dic .nsf /enwiki /961027 National Coal bill that was later known as the British Coal was nationalized later , the National Bank of England was also nationalized and its private shareholders were stipendiary by the state . In 1947 Cable and Wireless Ltd was also nationalized and its shareholders compensated Other companies nationalized in that year were both the HYPERLINK http /dic .academic .ru /dic .
nsf /enwiki /200721 exchange Electricity Generating Board and the area electricity boards . According to Vikramaditya and Khanna (2005 , the National railway , the water transport system and road passenger transport system were nationalized and placed under the British convey Board in 1948 . Eric Richards (1973 ) also states that in the HYPERLINK http /dic .academic .ru /dic .nsf /enwiki /3690974 local authority gas supply undertakings in Scotland , England , and Wales were nationalized in 1949According to Eric (1973 ) smoothing iron and Steel Industry were denationalized in 1951 by the preceding worldly-minded Government . It was later in the...If you want to get a full essay, order it on our website:
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