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568:, as well as individual enterprises, societies of any type and private industrial, bank, insurance, mining, transport and telecommunications associations". Nationalized (generally without any form of compensation) were 8,894 industrial, mining, transport, banking and insurance companies, followed in November 1948 by 383 cinemas and medical-sanitary facilities. By 1950, the measure was applied to chemical enterprises, pharmacies and remaining economic entities.
571:
The nationalization also included a significant number of homes. The figure of around 400,000 buildings is regularly mentioned. According to
Societatea AcademicÄ din România (SAR) between 241,000 and 600,000 properties were affected by the measure.
582:
After the fall of communism in
Romania, the state has tried to compensate homeowners and enterprise owners who could not recover their houses, industries, or lands. A special fund dedicated to compensation was created in 2005:
564:
on June 11, 1948. Article 1 decreed subject to nationalization "all the wealth of the soil not in the property of the state at the time of entry into force of the
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579:(1949â62), were decisive in undoing the capitalist economy and establishing a socialist economy based on state-owned or cooperative property.
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409:
227:
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authorities in order to lay the foundation of socialism. The act that allowed this measure to take place was Law 119, adopted by the
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Stoica, Stan (coordinator). DicĹŁionar de
Istorie a României, p. 233-4. Bucharest: Editura Merona, 2007.
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mostly thanks to
Decrees 92/1950, 111/1951, 224/1951, 513/1953, and 409/1955 -
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direct link to the 92/1950 decree (Romanian
Chamber of Deputies)
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Text of the law, from the
Romanian Chamber of Deputies
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SAR Brief Policy n°34, September 2008, page 5 :
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The nationalization begun in 1948, together with the
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115:Front of Socialist Unity and Democracy
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671:Text of the law, including annexes
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415:Jiu Valley miners' strike of 1977
577:collectivization of agriculture
410:Dissent under Nicolae CeauČescu
228:CeauČescu's cult of personality
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686:Socialist Republic of Romania
460:Soviet occupation (1944â1958)
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548:The nationalization of the
482:Relations with other states
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454:Relationship with the USSR
646:direct link to the survey
110:People's Democratic Front
85:National Council of Women
100:Romanian Orthodox Church
95:Čtefan Gheorghiu Academy
65:Union of Communist Youth
562:Great National Assembly
552:was a measure taken by
394:Protests and resistance
70:Great National Assembly
19:Part of a series on the
400:1940sâ1950s resistance
357:DanubeâBlack Sea Canal
158:Gheorghe Gheorghiu-Dej
138:Constantin Ion Parhon
25:Socialist Republic of
613:Notes and references
367:BÄrÄgan deportations
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550:means of production
435:Romanian Revolution
153:Ion Gheorghe Maurer
691:Economy of Romania
256:Literacy campaigns
221:National communism
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621:Other references:
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173:Nicolae CeauČescu
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246:Collectivization
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503:Soviet Union
362:Re-education
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168:Chivu Stoica
498:North Korea
211:July Theses
183:Ilie VerdeČ
143:Petru Groza
680:Categories
508:Yugoslavia
352:Censorship
346:Repression
271:Decree 770
148:Ana Pauker
55:Securitate
558:Communist
206:Dacianism
120:Comturist
591:See also
240:Policies
200:Ideology
105:ScĂŽnteia
90:Pioneers
556:'s new
554:Romania
298:Culture
132:Leaders
27:Romania
607:SovRom
465:SovRom
329:Emblem
304:Daciad
493:Italy
488:China
420:SLOMR
280:Rural
334:Flag
60:Army
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278:(
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