La nacionalización
Example: La nacionalización de las empresas cambió la economía del país.
Definition
"La nacionalización" refers to the process by which a government takes control of private companies or industries, transferring ownership from private hands to the state. This action often aims to regulate resources, protect national interests, or promote economic development.
Etymology
The term "la nacionalización" comes from the Spanish root 'nación,' meaning 'nation,' combined with the suffix '-ización,' which indicates the process of making or becoming. The word literally means 'the act of making something national.' Did you know? The concept gained prominence in the 20th century as many countries sought to assert control over key industries.
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"La nacionalización" appears in the Vocaplus list "Spanish - History - (B2) - set 1", containing 210 commonly used words.
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