Question

Write the meaning of nationalisation.​

Answer 1

Answer:

the transfer of a major branch of industry or commerce from private to state ownership or control.

Answer 2

Answer:

Nationalization is the process of taking privately-controlled companies, industries, or assets and putting them under the control of the government. Nationalization often happens in developing countries and can reflect a nation's desire to control assets or to assert its dominance over foreign-owned industries.

Explanation:

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