Question

Egypt nationalized the Suez Canal during the Suez Crisis. What does this mean?

The Egyptian government took control of the canal.
The Egyptian people took control of the canal.
An Egyptian company took control of the canal.
The Egyptian government sold the canal to new owners.

Answer 1

During the Suez Crisis, when Egypt nationalized the Suez Canal, it means that **the Egyptian government took control of the canal**. Nationalization refers to the process by which a government takes ownership of private industry or resources, in this case, the Suez Canal, which had been previously controlled by foreign interests.