When an industry or company is nationalized, the state becomes
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Correct Answer: Option C
Explanation:
Nationalization involves transferring the ownership and control of an industry or company from private ownership to the state. The state therefore becomes the owner and takes control of the nationalized enterprise.
Nationalization involves transferring the ownership and control of an industry or company from private ownership to the state. The state therefore becomes the owner and takes control of the nationalized enterprise.