Unformatted text preview: o Priva±za±on: is when the gov’t sells o² a resource or industry to the private sector Japan sold its post o³ce to the private sector Liberal leF view: they be´er regulate the private sector, and tax the business to make money for the gov’t Conserva±ve Right view: they support it o Why na±onalize? Times of war/emergency Social good far outweighs the cost Save a µailing business o Priva±za±on is the current trend Order of leaders of countries with the largest economies Examples Video o Conserve tradiTon, poliTcal power, economic power, old school, old way o People work hard for themselves and for their families o If you work hard and provide for you and your family than you should be able to keep it. 2...
View Full Document
- Fall '08
- Economics, Nationalization, Liberal left view, Venezula Hugo Chavez