Nationalization

1
Nationalization

• Nationalization is the acquisition and operation
  by a country, of business enterprises formerly
  owned and operated by private individuals or
  corporations.
• Compensation for the stock transferred is often
  applied during the transaction.
• Nationalization is done for the purpose of
  social and economic equality and is usually,
  although not always, applied as a principle of
  communistic or socialistic theories of society.

http//www.questia.com/library/encyclopedia/nation
alization.jsp
2
Nationalization in other Latin American Countries

• Cuba
• Castros Revolution
• Nicaragua
• Sandinista Revolution
• Bolivia
• Evo Morelas

3
Nationalization in Venezuela

• Electric Electricidad de caracas
• Telecommunications C.A. Nacional Telefonos de
  Venezuela (CANTV)
• Oil Orinoco Belt

4
Works Cited

• Everding, Gerry. Chavezs Nationalization of
  Foreign-Owned Industries is part of Global
  Pattern. 9 Feb. 2007. Washington University in
  St. Louis. 1 March 2008. http//news- info.wustl.
  edu/tips/page/normal/8723.html
• Hunt, Nigel. Cuban Heritage.org Cuban History,
  Architecture Culture. 2008.
• 1 March 2008. http//www.cubaheritage.org/defaul
  t.asp?lID1
• Kagami, Mitsuhiro. The Sandinista Revolution and
  post conflict Development Key Issues.
  Institute of Developing Economies JETRO. Aug.
  2007. 1 March 2008. http//www.ide.go.jp/English/
  Publish/Dp/pdf/119_kagami.pdf
• Nationalization, Questia Encyclopedia. 2008. 1
  March 2008.
• http//www.questia.com/aboutQuestia/about.html
• Profile Hugo Chavez. 13 Oct. 2005. BBC News. 1
  March. 2008.
• http//news-info.wustl.edu/tips/page/normal/8723
  .html
• Saavedra, Tupac. Bolivia The Rise of Evo
  Morales. 10 Jan. 2006. Frontline World. 1 March
  2008.
• http//www.pbs.org/frontlineworld/blog/2006/01/bol
  ivia_the_ris_1.html
• Stiqlitz, Joseph E. Who Owns Bolivia? Project
  Syndicate. 2006. 1 March 2008.http//www.project-
  syndicate.org/commentary/stiglitz71