(iii) Why industries were nationalized in Bhutto’s regime?

Ans: By 1971, 60% of the country’s industrial assets and 80% of the insurance

business was owned by 22 families. Zulfiqar Ali Bhutto considered that industrial

development and stability were essential for the people of Pakistan. His main goal

was the betterment of the people. He disagreed with the policies of the capitalists.

the wealthy and the industrialists.