Name Professor Course Date Reasons for the government to nationalize firm’s airlines According to the text there are several reasons why governments might want to nationalize firms such as: To extract more money government suspects concealing profits. Profitability in government believes it can run the firms more efficiently and make more money. Ideology Job preservation to save jobs. Government has drawn cash into the firm or an industry. Happenstance. The term "nationalize" indicates that the organization was not always owned by the government. Instead the organization(s) was formerly privately controlled (whether as a private or publicly owned). At some point from the perspective not command the privatization of any government benefit but rather arranges the "Business directory" test which says that if an elected administration can likewise be found in the Business directory that administration or item ought to be liable to showcase rivalry. Studies have demonstrated that such rivalry could spare citizens up to $28 billion every year. The current monetary lull has put expanded concentrate on executing government approaches that encourage private part development. By giving privately owned businesses a level playing field in giving administrations that are superfluously copied by the national government we can goad private employment creation and ensure citizen interests. [...]
Answer Question no 1, in page 176 from the provided attachment in a complete technical way. answers the question and includes a critical analysis illustrating how your response supports the Chapter 6 Learning Objectives. Consider how the case study is related to political forces.