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CTP · Question #211
(Topic 3) Two months after a government overthrow, the new Minister of Industry and Culture took over the country's largest steel company and compensated the owners at 50% of book value. What is the…
The correct answer is C. Expropriation. See the full explanation below for the reasoning.
Question
- (Topic 3)
Two months after a government overthrow, the new Minister of Industry and Culture took over the country’s largest steel company and compensated the owners at 50% of book value. What is the government’s action called?
Options
- AConsolidation
- BDeregulation
- CExpropriation
- DNationalization
How the community answered
(19 responses)- A5% (1)
- B5% (1)
- C79% (15)
- D11% (2)
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