nationalizations

Government assumes ownership

Nationalizations are instances of a government taking control of private industries or assets, transferring them to public ownership.

The term often appears in discussions of economic policy and political ideology: The nationalizations of the 1940s transformed British industry.

A country might pursue nationalizations of banks, utilities, or natural resources during crises or ideological shifts.

policy

state control

Government-managed economy or society

socialization · central planning · public sector · command economy · industrial policy · government intervention · statism · planned economy · economic reform · bureaucratization

expropriation

confiscation

Seizure by authority

requisition · asset seizure · eminent domain · dispossession · repossession · compensation · indemnification · forced sale · compulsory purchase · acquisition

historical

Suez Canal

Manmade strait through Egypt

steel industry · postwar · Attlee · land reform · agrarian reform · revolution · independence movement · anticolonial · socialist · communist

sovereignty

energy independence

Generating power domestically

postcolonial · mineral rights · natural resources · banking sector

Categories
Opposites
ownership transfer direction

nationalizationsprivatizations

Sales of public assets

privatisations · divestitures · sell-offs · asset sales · divestments

economic ideology

nationalizationscapitalism

Private profit-based economy

Thatcherism · deregulation · Reaganomics · privatizations · laissez-faire

Family

nationalization, internationalization, denationalization

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