nationalisation

Thân thiện

The government announced the nationalisation of the railway network.

Definition

1. Noun:
   • The act of transferring ownership or control of an industry, service, or asset from private to state (national) ownership: This is the primary economic meaning, involving a government taking control of private property or enterprises.
   • The act of making something national in character or scope: This involves imbuing something with a national identity or bringing it under national, rather than local or international, purview.
   • The process of forming or becoming a nation: This refers to the historical or political process by which a group of people or a territory achieves the status of a unified nation.

Examples of Usage

• Noun:
  • The government announced the nationalisation of the railway network. (This demonstrates the transfer from private to state control.)
  • The nationalisation of the curriculum aimed to promote a shared cultural identity. (This shows making something national in character.)
  • The 19th century was a period of intense nationalisation for many European states. (This refers to the process of nation-forming.)

Advanced Usage

• "creeping nationalisation": A gradual process by which a government increases its control over industries, often through regulation or partial ownership, rather than a single, formal act.

  • Critics accused the administration of creeping nationalisation through excessive regulation.

• "compulsory nationalisation": The act of taking private property into state ownership without the voluntary consent of the owners, often with compensation.

  • The law allowed for the compulsory nationalisation of key utilities.

Variants and Related Words

• Nationalize (verb): To bring under state ownership or control.

  • The state decided to nationalize the oil industry.

• National (adjective): Relating to a nation as a whole.

• Denationalization/Privatization (noun): The opposite process; transferring something from state to private ownership.

Synonyms

• State takeover: The assumption of control by the government.
• Socialization (in the economic context): Bringing under state or public control.
• Statization: The process of bringing under state control.

Antonyms

• Privatization: The transfer of a business, industry, or service from public to private ownership and control.
• Denationalization: The process of returning state-owned assets to the private sector.

Học thuật

Noun

1. changing something from private to state ownership or control
2. the action of rendering national in character
3. the action of forming or becoming a nation

Từ đồng nghĩa

• nationalization
• communization
• communisation