Nationalisation is taking an industry into public ownership. The nationalisation of the railways, oppose nationalisation, a wave of nationalisation.
Britain nationalised coal, rail and steel after 1945 and privatised most of it again from the 1980s, so the same industries have gone both ways within living memory. This is the British spelling; American writing uses a z.
1nounnationalisationTaking an industry into public ownership.
“After the nationalisation of the oil industry, the government took over every refinery.”
nationalisation is a policy.
Also accepted in games: nationalization
From nationalise, from nation, from Latin natio, a birth or race, from nasci, to be born.
French
nationalisation
English, today
nationalisation
From French nationalisation. by surface analysis, nationalise + -ation.
Etymology from Wiktionary, CC BY-SA