Question

What is the difference between nationalization and integration?​

Answer 1

Answer:

Nationalization usually refers to private assets or assets owned by lower levels of government, such as municipalities, being transferred to the state. The opposites of nationalization are privatization and demutualization. ... Nationalization may occur with or without compensation to the former owners.

Answer 2

Explanation:

Nationalisation is also used to refer to the transfer of assets and/or enterprises from the hands of municipal and local governments into the ownership of central government. ... Privatisation means the sale to the public of at least 50% of those state-owned industry shares.