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  2. Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership.
    en.wikipedia.org/wiki/Nationalization
    Nationalisation occurs when the government take control of an industry previously owned by private firms. For example, after 1945, the Labour government nationalised key industries, such as railways, steel and electricity.
    www.economicshelp.org/macroeconomics/privatisa…
    For instance, the Labor government nationalized important sectors, including railways, steel, and power, after 1945. It was argued that the government would be able to manage the industries in a way that served society as a whole.
    www.wallstreetoasis.com/resources/skills/economi…
    Included in this number, the government nationalized 245 enterprises in 11 industries: 76 jute mills, 52 textile mills, 30 textile tanneries, 17 engineering companies, 16 food producers, 15 sugar mills, 10 paper industry companies, 9 companies within the fertilizer, pharma and chemical industries, 8 steel companies, 6 oil and gas companies, and 6 forest industry undertakings.
    en.wikipedia.org/wiki/List_of_nationalizations_by_c…
    Examples of nationalisation 1946 – The Bank of England was the first organisation to be nationalised by the new Labour government of Clement Atlee. 1947 – The Coal industry was nationalised in 1947 when over 800 coalmines were taken under public ownership and a National Coal Board (NCB) was established to manage the industry on commercial lines.
    www.economicsonline.co.uk/business_economics/…
     
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    What is an example of nationalisation?Nationalisation occurs when the government take control of an industry previously owned by private firms. For example, after 1945, the Labour government nationalised key industries, such as railways, steel and electricity. The argument was that the government would be able to run the industries in the best interests of society. 1. Natural Monopoly
    Which industries are subject to nationalization?Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy ), and in many jurisdictions such entities have no history of private ownership.
    Are nationalized industries profitable?Nationalized industries can be profitable, but profitability is not the primary goal. The focus is often on providing essential services and ensuring economic stability. Profits, if generated, are typically reinvested in the industry or used for public welfare. Are there alternatives to nationalization for government involvement in the economy?
    What happens if a company is nationalized?Nationalization involves the government taking over private companies, which may result in changes to ownership, management, and operations. Private companies can become state-owned entities, and their profits may be used to fund public services. What are the potential drawbacks of nationalization?
     
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    List of nationalizations by country - Wikipedia

    Included in this number, the government nationalized 245 enterprises in 11 industries: 76 jute mills, 52 textile mills, 30 textile tanneries, 17 engineering companies, 16 food producers, 15 sugar mills, 10 paper industry companies, 9 companies within the fertilizer, pharma and chemical … See more

    This is a list of industries, services, products, or companies that have been nationalized at various times, grouped by country. See more

    Argentina
    • 1946 Central Bank of Argentina
    • 1946 Natural gas services (later privatized in 1992)
    • See more

     
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