A government takes over and operates factories.
nationalization
a government takes over and operates factories
This phase means government take-over of an industry. "nationalize" means the private ownership ends and the industry belongs to the "people" and "they" get the profits if there are any.
Nationalisation refers to the process by which a state takes over the operations of a firm. The word nationalization refers to the process of the government taking control over an industry or company for one of several reasons.
The nationalization of foreign assets in the oil industry in 1938.
Margaret Thatcher was the British Prime Minister who opposed the nationalization of British Industry. She served as Prime Minister from 1979 - 1990.
Government assumation of control of a business or industry in the private sector can be defined as nationalization
nationalization of industry. :) yup.
the government may nationalize an industry 1-the industry may be sinking or becoming bankrupt 2-the industry may be exploiting consumers rights an need to be repremanded =================== A third reason may be that a nations vital self interest requires the nationalization of various industries.
Nationalization
nationalization
The National Socialists. They were a group who believed in overregulation of industry, nationalization of banks, government-industry boards controlling production goals, socialized medicine, and legalized abortion on demand. The government claimed to be the friend of the people. It was what Goebbels called "The Big Lie."