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Nationalize is a verb that refers to the act of bringing an industry or business under state or government control, ownership, or regulation. It involves transferring the ownership or control of privately owned entities, such as companies, utilities, or resources, into the possession of the state on behalf of the entire nation. Nationalization can occur in various industries, including but not limited to energy, telecommunications, banking, transportation, and natural resources.
During nationalization, the government assumes responsibility for the operations, management, and decision-making processes of the previously private enterprise. Typically, this involves the expropriation of assets, shares, or control from private owners, shareholders, or investors, often with compensation provided under certain circumstances. Nationalization can be driven by political, economic, or social factors, such as a desire to ensure equal access, enhance public welfare, promote economic stability, or eradicate monopolies.
The concept of nationalization is often debated due to its potential implications for economic efficiency, market competition, and individual rights. Proponents argue that nationalization can allow for more equitable distribution of resources, enhanced public services, and better regulation of vital sectors. On the other hand, opponents claim that nationalization can lead to inefficiencies, bureaucratic decision-making, and the suppression of private enterprise and entrepreneurship. The degree of nationalization implemented by a government can vary, ranging from complete state control to partial ownership or regulation.
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Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
The word "nationalize" derives from the combination of two root words: "national" and "-ize".
The root word "national" comes from the Latin word "natio", meaning "nation" or "people". It later evolved into the Old French word "national", which means "common" or "shared by the people".
The suffix "-ize" is derived from the Greek suffix "-izein" or "-izo", which indicates a process or action. It is commonly used in the English language to convert nouns or adjectives into verbs, denoting the idea of making something or causing something to become a certain way.
Therefore, by combining the root word "national" with the suffix "-ize", the word "nationalize" was formed, which means to bring under state or government control, usually with the aim of making it the property or responsibility of the entire nation or its government.
CONDITIONAL PERFECT
I
would have nationalized
you
would have nationalized
he/she/it
would have nationalized
we
would have nationalized
they
would have nationalized
I
would have nationalize
you
would have nationalize
he/she/it
would have nationalize
we
would have nationalize
they
would have nationalize
CONDITIONAL PERFECT PROGRESSIVE
I
would have been nationalizing
you
would have been nationalizing
he/she/it
would have been nationalizing
we
would have been nationalizing
they
would have been nationalizing
CONDITIONAL PRESENT
I
would nationalize
you
would nationalize
he/she/it
would nationalize
we
would nationalize
they
would nationalize
CONDITIONAL PRESENT PROGRESSIVE
I
would be nationalizing
you
would be nationalizing
he/she/it
would be nationalizing
we
would be nationalizing
they
would be nationalizing
FUTURE
I
will nationalize
you
will nationalize
he/she/it
will nationalize
we
will nationalize
they
will nationalize
FUTURE CONTINUOUS
I
will be nationalizing
you
will be nationalizing
he/she/it
will be nationalizing
we
will be nationalizing
they
will be nationalizing
FUTURE PERFECT
I
will have nationalized
you
will have nationalized
he/she/it
will have nationalized
we
will have nationalized
they
will have nationalized
FUTURE PERFECT CONTINUOUS
I
will have been nationalizing
you
will have been nationalizing
he/she/it
will have been nationalizing
we
will have been nationalizing
they
will have been nationalizing
IMPERATIVE
you
nationalize
we
let´s nationalize
to nationalize
PAST CONTINUOUS
I
was nationalizing
you
were nationalizing
he/she/it
was nationalizing
we
were nationalizing
they
were nationalizing
PAST PARTICIPLE
nationalized
PAST PERFECT
I
had nationalized
you
had nationalized
he/she/it
had nationalized
we
had nationalized
they
had nationalized
PAST PERFECT CONTINUOUS
I
had been nationalizing
you
had been nationalizing
he/she/it
had been nationalizing
we
had been nationalizing
they
had been nationalizing
PRESENT
I
nationalize
you
nationalize
he/she/it
nationalizes
we
nationalize
they
nationalize
PRESENT CONTINUOUS
I
am nationalizing
you
are nationalizing
he/she/it
is nationalizing
we
are nationalizing
they
are nationalizing
PRESENT PARTICIPLE
nationalizing
PRESENT PERFECT
I
have nationalized
you
have nationalized
he/she/it
has nationalized
we
have nationalized
they
have nationalized
PRESENT PERFECT CONTINUOUS
I
have been nationalizing
you
have been nationalizing
he/she/it
has been nationalizing
we
have been nationalizing
they
have been nationalizing
PRESENT SUBJUNCTIVE
he/she/it
nationalize
SIMPLE PAST
I
nationalized
you
nationalized
he/she/it
nationalized
we
nationalized
they
nationalized
