QUESTION IMAGE
Question
egypt nationalized the suez canal during the suez crisis. what does this mean?
the egyptian government took control of the canal.
the egyptian people took control of the canal.
an egyptian company took control of the canal.
the egyptian government sold the canal to new owners.
Nationalization refers to the process where a government takes control of an asset (in this case, the Suez Canal). It is the government (not the general people or a company) that undertakes nationalization. Selling to new owners is the opposite of nationalization.
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The Egyptian government took control of the canal.