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Nationalizing: meaning, definitions and examples

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nationalizing

 

[ ˈnæʃənəlaɪzɪŋ ]

Verb
Context #1 | Verb

political action

Nationalizing refers to the process by which a government takes ownership or control of private industry, property, or resources, making them state-owned. This often involves changing legal frameworks and can be motivated by various political, economic, or social goals. It can lead to significant changes in how resources are managed and who benefits from them.

Synonyms

government control, public ownership, state ownership

Examples of usage

  • The government is nationalizing the energy sector.
  • Nationalizing industries can be controversial among investors.
  • The policy aimed at nationalizing healthcare services.
  • Countries may resort to nationalizing foreign-owned assets.

Translations

Translations of the word "nationalizing" in other languages:

🇵🇹 nacionalização

🇮🇳 राष्ट्रीयकरण

🇩🇪 Nationalisierung

🇮🇩 nasionalisasi

🇺🇦 націоналізація

🇵🇱 nacjonalizacja

🇯🇵 国有化

🇫🇷 nationalisation

🇪🇸 nacionalización

🇹🇷 millileştirme

🇰🇷 국유화

🇸🇦 تأميم

🇨🇿 nacionalizace

🇸🇰 nacionalizácia

🇨🇳 国有化

🇸🇮 nacionalizacija

🇮🇸 þjóðnýting

🇰🇿 ұлттандыру

🇬🇪 ეროვნულიზაცია

🇦🇿 milliləşdirmə

🇲🇽 nacionalización

Etymology

The term 'nationalize' originates from the mid-19th century, deriving from the word 'nation,' which comes from the Latin 'natio,' meaning 'birth' or 'race.' The concept emerged during a time of increasing state power and the expansion of national governments, particularly in the context of industrialization and the rise of corporate interests. Nationalization became a key political tool in the 20th century, especially during and after World War II, when many countries sought to recover from the devastation of war and control critical resources for national development. The practice involves complex economic theories and discussions around capitalism, socialism, and the role of government in the economy, leading to significant debates regarding economic policy and social justice.

Word Frequency Rank

This word's position of #32,562 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.