nationalsation of industries Flashcards
1
Q
what was the coal nationalisation act ?
A
coal industry nationalisation act of 1946
2
Q
when ws the coal industry nationalised ?
A
janurary 1947
3
Q
how did the government compensate coal company owners ?
A
compensated 850 coalmine owners with £164 million
4
Q
when did the goverment buy 52,000 miles of railroad tracks ?
A
janurary 1948
5
Q
when was the electricty industry nationalised?
A
1947
