4.1.8.8. Nationalisation (AQA A-Level Economics Teaching PowerPoint)

This AQA Economics Teaching PowerPoint covers aspects of the economics of nationalisation / state-ownership.

Nationalisation is a process whereby a government takes control of a private sector industry, company, or asset. This can be done for a variety of reasons, such as to improve efficiency, to create new jobs, to ensure fair prices for consumers, or to protect national security. When an industry or company is nationalised, it becomes a public entity, owned and operated by the government. This means that the government has the power to make decisions about how the industry or company operates, including setting prices and wages, and deciding on investment and expansion plans.