Multiple choice

Which of the following is the best explanation for why leaders of newly independent states nationalized industries?

  1. they were committed to socialist and communist principles

  2. they wished to sell them to high paying investors

  3. they wanted to mirror the success of the Soviet Union

  4. it allowed them to take back control of valuable resources

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Nationalizing industries allowed newly independent states to reclaim control over their own natural resources and infrastructure, which had previously been exploited by foreign colonial companies.

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