Economics A Level (DONEEEEEEE): What are the Drawbacks of Nationalisation

Question

What are the Drawbacks of Nationalisation

eric_galvao · Accepted Answer

-Problem of Inefficiency: Lack of drive to Reduce Costs and Make Profits 
-Lack of Incentive to act Prudently (Sensibly) because the Government will have to Bail them Out

Economics A Level (DONEEEEEEE)

What are the Drawbacks of Nationalisation

-Problem of Inefficiency: Lack of drive to Reduce Costs and Make Profits -Lack of Incentive to act Prudently (Sensibly) because the Government will have to Bail them Out

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