Economics A-Level
Privatisation and Nationalisation
What Privatisation and Nationalisation means in Economics A-Level, as defined for AQA.
Definition of Privatisation and Nationalisation
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Reference: AQA
Policies applied in the United Kingdom, such as the privatisation of Royal Mail or the nationalisation of banks during the 2008 crisis.
Topics that use Privatisation and Nationalisation
Related terms
- Allocative efficiency
- Asymmetric information
- Economic performance
- Efficiency
- Government failure
- Monopoly power
- Natural monopolies
- Public ownership
Using Privatisation and Nationalisation in the exam
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