Nationalize (verb)

  1. To bring under government control or ownership.
  2. To make something national in character or scope.

Origin:

From nation + -ize.

Examples:

  1. The government decided to nationalize the coal mines.
  2. The country nationalized its healthcare system to provide better access to medical care.
  3. The company was nationalized in an effort to improve its efficiency and profitability.
  4. The government's decision to nationalize the banks was met with strong resistance from the financial industry.
  5. The government's plan to nationalize the oil industry sparked a heated debate in parliament.
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