nationalization
🇬🇧 UK/,næʃənəlɪ'zeʃən/🇺🇸 US/.næʃәnәlai'zeiʃәn/
A2
Definitions
n.
The process of transferring private industries or assets into government ownership or control
国有化;收归国有
🧩 Root Breakdown
Root-derived+
ionact, process, state
+
alrelating to, having the nature of
+
izationsuffix
=nationalization
Common Collocations
- 1.resource nationalization资源国有化
Example Sentences
- 1.
The nationalization of the oil industry changed the country's economy.
- 2.
Some countries pursued nationalization of natural resources in the 20th century.