June 3, 2013 / C H Thompson

Britain’s nationalised industries (1970s)

The Oxford English Dictionary defines nationalise as “to bring (land, property, an industry, etc) under state control or ownership”. Below is a short list of some of Britain’s nationalised industries operating during the 1970s. The following extract gives you an good overview about nationalisation.

While all the clips are interesting, the most ‘fun’ one to watch is the Top Gear clip showing the strengths of weaknesses of the British car industry (yes once-upon-a-time Britain had it’s own car industry). In contrast the British Rail clip is useful in understanding the tension between public service and making a commercial profit through private enterprise.

British Overseas Airways