Question

what is mean by nationalistion​

Answer 1

Answer:

Nationalization refers to the action of a government taking control of a company or industry, which generally occurs without compensation for the loss of the net worth of seized assets and potential income.

Answer 2

Explanation:

Nationalization, or nationalisation, is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. ... Nationalization is distinguished from property redistribution in that the government retains control of nationalized property.