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NATIONALIZED industries occupy a key position in the national economy. In 1968, capital spending in the public sector was half the nation's capital spending of £7 700 million, and approaching half of that was incurred by public corporations. The whole economy depends upon their reliable, successful and above all, efficient operation. Unless they are successful, the country will be pulled down and our national standard of living seriously reduced.
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© MCB UP Limited
1969
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