nationalization
9
7.0
- noun
- /ˌnæʃənəlaɪˈzeɪʃən/
- Specialized
:
nacionalización
- The nationalization of the oil industry allowed the government to control its resources more effectively.
- nationalization of oil
- nationalization of industry
- nationalization of banks
Examples
-
Resource nationalism was exemplified by the nationalization of energy supplies.
Academic text (1999) -
Even in India, Indira Gandhi did widespread nationalizations that were effectively confiscations.
-
The companies, risking nationalization, may have had a higher interest rate than the countries' social rate of interest.
Academic text (1991) -
"A series of strikes demanded not just better pay, but the nationalization of industry," which is bound to cause economic decline.
Academic text (2012) -
Moreover, for the first time since the nationalization of banks in December 1970, the establishment of private banks was allowed.
Academic text (1996) -
The abrupt nationalization of key industries led to a period of industrial decline.
Academic text (1995) -
In 1974, an educational reform agenda was established, following the sweeping nationalization of higher education in 1971.
Academic text (1992) -
Richard Iley of BNP Paribas has called this the effective nationalization of the U.S. mortgage market.
Academic text (2008) -
Many of these companies had foreseen the impending nationalization and had curtailed investment, even on routine maintenance.
Academic text (1999) -
During the nationalization process, many private companies were handed over to state ownership.
Synonyms
3
9.6
An action that makes farms and factories owned by the government or community
1
7.4
Putting industries or services under state ownership
1
9.9
The process of moving property and businesses from private owners to the state or community
The transfer of church land and buildings to the state
Antonyms
- Specialized
A process in which the government sells a business or service to private owners
How Public
- Specialized
9
7.0
68
2.8
Surface Forms
Morphology
nationalization = nationalize (transparent) = nation + al + ize + ation
Formed by a regular sequence nation -> national -> nationalize -> nationalization; the noun denotes the process of making something national or placing it under state control.
Etymology
Nationalization comes from nation ('the people or country') plus -ize ('make') and -ation ('the act'), so it literally means 'making something part of the nation'. In politics this usually means the state takes private businesses into government ownership or control.