QUESTION IMAGE
Question
egypt nationalized the suez canal during the suez crisis. what does this mean?
the egyptian government took control of the canal.
the egyptian people took control of the canal.
an egyptian company took control of the canal.
the egyptian government sold the canal to new owners.
Nationalization means a government takes control of a private - owned or foreign - controlled asset. In the case of the Suez Canal, during the Suez Crisis, the Egyptian government took control of the canal, which was previously under foreign (British and French) - related control in part.
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The Egyptian government took control of the canal.