Socialism stresses on nationalisation or socialisation. Clarify.
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Nationalization, or nationalisation, is the process of transforming private assets into public ... By itself, nationalization has nothing to do with socialism, having been historically carried out for various ...
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In the beginning, socialism stressed for nationalisation but soon after it was felt that by this, all economic challenges could not be resolved, hence, as a revised doctrine, emphasis was given on socialisation.
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