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by RevHaze
3565 days ago
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From their perspective, the industries are there to support the people. The oil industry was making money while the government didn't have enough money to keep expanding social programs, so they nationalized the oil industry. They didn't know how to run the oil industry though, so yields fell through the floor and they couldn't produce or attract foreign investment back into the country due to concerns that as soon as the infrastructure got back up and running the government would just nationalize again. Also see Zimbabwe's 2000 plan to redistribute farming wealth. |
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