The amount paid for nationalisation was exactly:

Study for the WJEC History DWR Exam. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Multiple Choice

The amount paid for nationalisation was exactly:

Explanation:
When a government nationalises an industry, it pays compensation to private owners for transferring ownership into state control. This question looks at the total one-off amount the government paid to private owners across the industries nationalised in the postwar period. The material you’ve studied gives a precise figure for that total: £2,700 million. This sum reflects the value of the assets taken into public ownership and the liabilities the state assumed at the moment of nationalisation, not ongoing costs or subsidies. Other figures don’t align with the documented total in that period’s nationalisation records, so £2,700 million is the figure your course uses to represent the compensation paid.

When a government nationalises an industry, it pays compensation to private owners for transferring ownership into state control. This question looks at the total one-off amount the government paid to private owners across the industries nationalised in the postwar period. The material you’ve studied gives a precise figure for that total: £2,700 million. This sum reflects the value of the assets taken into public ownership and the liabilities the state assumed at the moment of nationalisation, not ongoing costs or subsidies. Other figures don’t align with the documented total in that period’s nationalisation records, so £2,700 million is the figure your course uses to represent the compensation paid.

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