nationalize in a sentence

v. t.

Definition

To nationalize is to transfer ownership of a privately-owned industry or asset to the government or state.

The government decided to nationalize the oil industry to ensure greater control over its resources.
In response to the economic crisis, the country moved to nationalize several key industries.
Advocates argue that nationalizing public utilities could lead to more equitable access for all citizens.
The debate over whether to nationalize the telecommunications sector has intensified in recent months.
Supporters of nationalization believe it can help protect jobs and promote national interests.