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2909301
History-UK-BK1-Nationalisation
Description
End of Austerity booklet 1 what is nationalisation?
Mind Map by
megantidmarsh14
, updated more than 1 year ago
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Created by
megantidmarsh14
almost 9 years ago
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Resource summary
History-UK-BK1-Nationalisation
Nationalisation is when the government takes over the running of industry e.g coal, railway
It was a major policy idea for the Labour government
Labour believed that it would lead to everyone having a job
They took over the coal industry in 1947, electricity in 1947, gas industry in 1948 and transport in 1948
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