Which of the Following Is the Best Example of Nationalization

question 59

Multiple Choice

Which of the following is the best example of nationalization?

• A) In 1940, the city of New York purchased the bankrupt Brooklyn-Manhattan Transit rail lines.
• B) In 1979, Great Britain made a partial sale of British Petroleum to private investors.
• C) A private company contracts to manage all of a city's waste management.
• D) A country's economic policy calls for a balance of trade.
• E) A developing country receives a loan from the International Monetary Fund.

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