What is another name for a nationalized industry?

1 answer

Answer

1280980

2026-05-17 03:10

+ Follow

The other term for an industry that has been nationalized is one that has been socialized. Used in the proper context, socialize won't mean being social. It will mean that the government now owns and operates it. Also, in the proper context, the industry as example the oil industry can be said to be removed from private ownership.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.