________ Refers to the Takeover of an Entire Industry by the Government

question 78

Multiple Choice

________ refers to the takeover of an entire industry by the government.

• A)Decentralization
• B)Globalization
• C)Nationalization
• D)Automatization

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Definitions:

Consumer Goods

Products and commodities that are bought and used by individuals or households for personal use.

Chapter 7

A provision of the U.S. Bankruptcy Code that deals with liquidation, where a debtor's non-exempt assets are sold to pay creditors.

Liquidation

The process of closing a business and distributing its assets to claimants, often during bankruptcy.

Voluntary

Done, given, or acting of one's own free will without coercion or obligation.