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nationalization

Noun

Meaning

The act of nationalizing, or the state of being nationalized.

Source: Webster's dictionary

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Examples

I'm not for nationalization because of the rhetoric of nationalization, or because I see in nationalization the cure-all for every injustice. I'm for nationalization in cases where it's necessary. Indira Gandhi

The moral aspect of oil nationalization is more important than its economic aspect. Mohammad Mosaddegh

When in Congress, he, along with the other Young Turks, actively promoted bank nationalization and the abolition of privy purses and privileges. Chandra Shekhar

You see, another reason for nationalization was that private ownership meant fragmentation. Barbara Castle

Practically the whole of the engineering establishments of this country were controlled by the State. He had seen resolutions passed by the Trades Congress about the nationalization of industry, but the Government had done it. David Lloyd George

Also vital is the protection of the institution of private property through such steps as: limiting the claims and power of employees, abolishing traditional land tenure, safeguarding the sanctity of contracts, and guaranteeing full compensation in the event of nationalization. Richard Sandbrook

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