In mixed economies, governments sometimes tend to take into state owne

QUESTION

In mixed economies, governments sometimes tend to take into state ownership troubled firms whose continued operation is thought to be vital to national interests. Once a government takes into state ownership such troubled firms, they are said to be:

A. privatized.

B. decentralized.

C. liberalized.

D. nationalized.

E. deregulated.

ANSWER

D
In mixed economies, governments sometimes tend to take into state ownership troubled firms whose continued operation is thought to be vital to national interests. Once a government takes into state ownership such troubled firms, they are said to be nationalized.