Question 1
A state government has powers to carry out any political process, which is beneficial to the public and the entire economy. Domestication is a move by the government to control and utilize its local resources for the purpose of creating independence. This process is important for the nation since it prevents exploitation from foreigners. On the contrary, domestication plays an important role in improving the economy through exportation of goods. Expropriation, on the other hand, will entail taking control of privately owned property by the state government for public interest. This move will negatively affect the economy as it discourages ...