Nationalization Essay Example | Topics and Well Written Essays - 1000 words - 1

Nationalization - Essay ExampleNationalization also occurs if there is a change in government and the political ideology of the government demands a dramatic change in the soils economic policy. Many times nationalization has been used to promote industries in the artless which cannot be made dependent on foreign companies as they cater directly to the tidy sum. For example, after independence from British rule India nationalized its steel industries although it took help from Russia to build steel plant in Rourkela and Bhilai.The most principal(prenominal) reason of foreign intervention is the geopolitical and economic interests of powerful states. The interventions dont necessarily pull in to be of military machine nature. Economic sanction is a weapon often used to punish the agricultural for being too closed for foreign companies. Recently U.K. has imposed economic sanctions on Iran because of its nuclear programs. other countries are to follow soon. Another case of geop olitical interests is Iraq where the allied forces invaded on the pretext of Weapons of Mass Destruction. moreover even after the Hans Blixs report on absence of WMDs, the allied forces continued their operations. Many people argue that the main reason behind the invasion was oil.In a similar manner integrated interests influence foreign policies of a country. China has been very interfering in the internal matters of its neighboring country Nepal because of the corporate interests. Nepalese market is flooded with Chinese goods. Corporate interests may not lead to military invasions but they certainly influence countries to adopt protectionist measures. Ideological interests in democracy are also as major factor which leads to interventions. Human welfare is also cited one of the major reasons but there is spacious debate about the authenticity of such claims. While U.S. intervention in Iraq was justified for removing