Question

Clarify the difference between nationalisation and socialisation.

Answer 1

Difference between  nationalization and socialization

Explanation:

• Nationalization is the process of  transfer of private  property into public property like  industry or company by bringing them under the Government without paying any compensation.

• Socialization is the procedure through which individuals are instructed to be capable individuals from a general public. It depicts the manners in which that individuals come to comprehend cultural standards and desires, to acknowledge society's convictions, and to know about cultural qualities