De nationalisatie
Example: De nationalisatie van de industrie veranderde de economie snel.
Definition
"De nationalisatie" refers to the process by which a government takes control or ownership of private industries or assets, typically to regulate or manage them on behalf of the public. It often results in significant changes to the economy and governance of the affected sectors.
Etymology
The word "de nationalisatie" comes from the Dutch language, derived from the French word 'nationalisation,' which itself originates from 'nation' combined with the suffix '-isation,' meaning the act of making something national. Did you know? The term gained prominence during the 20th century when many countries nationalized key industries to rebuild economies after wars.
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"De nationalisatie" appears in the Vocaplus list "Dutch - History - (B2) - set 1", containing 105 commonly used words.
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the nationalization