What was Nakasone's stance on economic policy?
Privatization
Nationalization
Subsidization
Regulation
Answer
Privatization was a key component of Nakasone's economic policy. He believed that the government should reduce its involvement in the economy and allow the private sector to take a larger role. This would lead to increased efficiency and growth. Nakasone privatized a number of state-owned companies, including Japan National Railways and Nippon Telegraph and Telephone.
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