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Norway's government nationalized the country's oil resources, and it has been accumulating a massive sovereign wealth fund worth billions of dollars ever since. This sovereign fund is used as a monetary source for government funded national education and healthcare. This is because the wealth generated by nationalized industries________.

Respuesta :

Austine561

Answer:

Is used to serve the citizens of the country.

Explanation:

The nationalization of oil supplies refers to the process of confiscation of oil production operations and private property, generally in the purpose of obtaining more revenue from oil for oil-producing countries government.

A sovereign wealth fund is a state-owned investment fund that is used to benefit the country's economy and citizens. These benefits include; providing healthcare services, education, basic amenities etc.