nationalization in a sentence
n.
📚 Grade Level: Grade 11, Grade 12
Definition
Nationalization is the process by which a government takes ownership and control of privately-owned industries or assets, often to manage resources for public benefit.
Crossword clues for nationalization
Crossword clue ideas and answer hints for the word "nationalization".
- Government takeover of private industry for public benefit.
- State acquisition of privately held assets.
- Transformation of private sectors into public ownership.
- Public control over previously private enterprises.
- Government assumes ownership of key economic sectors.
Nationalization sentence examples
- The nationalization of key industries was a central theme in the government's new economic policy.
- Many citizens supported nationalization as a means to ensure public control over vital resources.
- Opponents of nationalization argued that it could stifle innovation and reduce competition in the market.
- The debate over nationalization versus privatization continues to divide policymakers and economists.
- After the nationalization of the railway system, the government promised improved services and reduced fares.