State between Wyoming and Iowa: Abbr.

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Neb.

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Random information on the term ” Neb”:

The National Enterprise Board (NEB) was a United Kingdom government body. It was set up in 1975 by the Labour government of Harold Wilson, to support the government’s interventionist approach to industry. In 1981 the Conservative government of Margaret Thatcher, combined the NEB with the National Research Development Corporation (NRDC) to form the British Technology Group.

The NEB was the brainchild of the economist Stuart Holland and the Shadow Secretary of State for Industry Tony Benn in the early-1970s, and was modelled on the Italian Istituto per la Ricostruzione Industriale (IRI), which was seen to have successfully restructured the Italian economy after World War II. In its original conception, the NEB was intended to extend public control and ownership of the economy, by taking a stake in the UK’s leading manufacturing firms, which would then be required to make planning agreements to meet economic targets. Although the leadership of the Labour Party did not fully accept these proposals, they appeared in the Labour Party’s manifesto for the February 1974 general election and the October 1974 election.

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