nationalized

Meanings

• verb

  The action or process of making something, such as a business or industry, into the property and responsibility of a state.

• The condition of being owned or controlled by the state.

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Antonyms

privatize

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Rhymes

Words rhyming with nationalized
malignize , organize , homogenize , monopolize

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Variants

List of all variants of nationalized that leads to same result
nationalization , nationalizations , nationalize , nationalized , nationalizer , nationalizers , nationalizes , nationalizing

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Etymology

origin and the way in which meanings have changed throughout history.

From the Latin word 'nationalis', meaning 'belonging to a nation'. The term 'nationalize' was first used in the late 19th century.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The first major instance of nationalization occurred in 1911 when the United States took control of the Panama Canal.

2. The nationalization of industries was a key policy of the Soviet Union under Joseph Stalin.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Socialism: An economic and political ideology advocating for collective or government ownership and control of the means of production and distribution of goods and services.

2. Communism: A political and economic ideology advocating for a classless society in which all property is publicly owned and each person works and is paid according to their abilities and needs.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

The concept of nationalization has been a significant topic in political and economic discourse, particularly in the context of socialist and communist ideologies. It has been used to describe the process by which a government takes control of industries, such as railways, utilities, and banks, for the benefit of the public.

How to Memorize "nationalized"

1. visualize
   

   - Visualize a government taking control of a business or industry and placing it under state ownership and management.

2. associate
   

   - Associate the term 'nationalization' with government control and ownership.

3. mnemonics
   

   - Create a mnemonic by remembering that 'nationalization' starts with the letter 'n' and is related to 'nation' and 'control'.

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