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Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized property. Some nationalizations take place when a government seizes property acquired illegally.
Land in Bolivia was unequally distributed – 92% of the cultivable land was held by large estates – until the Bolivian national revolution in 1952. Then, the Revolutionary Nationalist Movement government abolished forced peasantry labor and established a program of expropriation and distribution of the rural property of the traditional landlords to the indigenous peasants.
The goals of nationalization were to dispossess large capitalists and consolidate industry so that profit would go toward public finance rather than private fortune. Nationalization would be the first step in a long-term process of socializing production, introducing employee management and reorganizing production to directly produce for use ...
Redistribution of income and wealth is the transfer of income and wealth (including physical property) from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. [1]
The government of Florida is established and operated according to the Constitution of Florida and is composed of three branches of government: the executive branch consisting of the governor of Florida and the other elected and appointed constitutional officers; the legislative branch, the Florida Legislature, consisting of the Senate and House; and the judicial branch consisting of the ...
This group advocates democratic socialism, including the nationalization of major industries and the transfer of other industries from private ownership to workers' ownership. [169] The terms "socialist" and "communist" are sometimes used erroneously as epithets to describe political figures and ideologies.
In other words, Florida's raw death tally — 86,850 in early March — came close to California's total, 101,159, despite California having roughly 18 million more residents. The overall death ...
Redistribution (re-districting in the United States and in the Philippines) is the process by which electoral districts are added, removed, or otherwise changed. Redistribution is a form of boundary delimitation that changes electoral district boundaries, usually in response to periodic census results. [ 1 ]