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AleksandrR [38]
3 years ago
10

Why do some countries choose to nationalize natural resources?

Geography
1 answer:
bazaltina [42]3 years ago
4 0

Answer:

Explanation:

big number of Latin American countries is poor. So due to the nationalization of resources more income goes to the government. Nationalization also excludes the possibility of resource income benefiting foreign interests. Furthermore, nationalization helps reduce inequality between social layers. When individuals or companies possess resources, there is often a larger income gap between the wealthy and the poor.

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