What was Nakasone's approach to economic reform?
Privatization
Nationalization
Subsidization
Regulation
Answer
Privatization was a key component of Nakasone's economic reform strategy. By selling off government-owned industries and assets, Nakasone aimed to reduce the government's role in the economy, promote competition, and encourage private sector investment. Privatization also generated revenue for the government, which could be used to reduce the budget deficit or fund other public services.
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