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One example of nationalization of private companies is the nationalization of French-owned firms in Europe after World War II. True or False?

User Nalka
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Final answer:

True. After World War II, the French-owned firms in Europe were nationalized, which means that the government took control of these private companies and made them publicly owned.

Step-by-step explanation:

True. After World War II, the French-owned firms in Europe were nationalized, which means that the government took control of these private companies and made them publicly owned. This was done with the aim of benefiting the nation and its people, rather than the profits of foreign shareholders. An example of this is the nationalization of railroads, electric utilities, and communication systems in India under Nehru's government.

User Dasser Basyouni
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