government ownership

Public sector possession

Government ownership is when the state holds title to property, businesses, or resources rather than private individuals or corporations.

Industries like utilities, railways, and healthcare may be under government ownership in some countries: The debate over government ownership of the oil fields dominated the election.

The term often appears in political arguments about nationalization versus privatization.

Opposites
ownership structure

government ownershipprivate ownership

Individual control of assets

privatization · private enterprise · private sector · private property · individual ownership

economic ideology

government ownershipcapitalism

Private profit-based economy

free market · laissez-faire · free enterprise · market economy · neoliberalism

Family

government, ownership, govern, owner, governed, governing, governs, governor, governors

Familiarity
Top 200,000
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Used worldwide · Timeless · Abstract · Rated G