What was Nakasone's approach to state-owned companies?
Privatized
Nationalized
Subsidized
Regulated
Answer
Privatization was Nakasone's approach to state-owned companies. He believed that the private sector could operate more efficiently and effectively than the government, and that privatization would reduce the government's financial burden. Nakasone's privatization program was successful in reducing the size of the state-owned sector and in improving the efficiency of the Japanese economy.
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