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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 refers to a government taking control of a privately or foreign-owned asset, placing it under state ownership and control. In the context of the Suez Crisis, this means the Egyptian government assumed authority over the canal.
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A. The Egyptian government took control of the canal.