mar 18, 1938 - nationalization of the natural resources industries
Description:
when the government could not fund other works such as improvement of infrastructure the president of that time blame it on the foreign industries and investors. a law was passed to prevent such thing and declared that only certain national companies could take the resources in exchange for the industries to give 40% the money earned to the goverment
Added to timeline:
the new spanish federal republic
Date:
