quốc hữu hoá

Definition
  1. Verb:
    • To nationalize: The primary meaning of "quốc hữu hoá" is the act of a government taking control, ownership, and administration of a privately-owned industry, company, or asset, transferring it to state ownership.
Usage Examples
  • Verb:
    • Chính phủ quyết định quốc hữu hoá các mỏ dầu. (The government decided to nationalize the oil mines.)
    • Việc quốc hữu hoá ngành đường sắt đã được thảo luận. (The nationalization of the railway industry was discussed.)
    • Công ty đó đã bị quốc hữu hoá vào thập niên 70. (That company was nationalized in the 70s.)
Advanced Usage
  • The term is often used in economic, political, and historical contexts to describe a major shift from private capitalism to state control.
  • It can imply a compulsory transfer of assets, often with compensation, though the nature and fairness of compensation is a frequent point of debate.
Variants and Related Words
  • Quốc hữu hoá (v): The standard verb form.
  • Sự quốc hữu hoá (n): The noun form, meaning "nationalization."
    • Sự quốc hữu hoá ngân hàng là một bước đi quan trọng. (The nationalization of the bank was a significant move.)
Synonyms
  • Nationalize: The direct synonym, meaning to bring under state control or ownership.
  • Bring under public ownership: A descriptive phrase with a similar meaning.
Antonyms
  • Tư nhân hoá (v): To privatize. The process of transferring ownership of a business, enterprise, or service from the public sector (state) to the private sector.
  • Denationalize: To return a nationalized industry to private ownership.
Related Concepts
  • Cải cách kinh tế (Economic reform): A broader process that may include or reverse nationalization.
  • Xã hội hoá (Socialization): In some contexts, this can refer to bringing means of production under social or state control, but it is a broader and sometimes distinct concept from nationalization.