Re-nationalization
Definition
Re-nationalization refers to the process of transferring privately owned assets or industries back into the control of the government.
Analogy
Imagine you lend your favorite video game to a friend, but then they decide to take it back because they miss playing it. Re-nationalization is like that - the government takes back control of something they used to own.
Related terms
Privatization: Privatization is the opposite of re-nationalization, where government-owned assets or industries are transferred into private ownership.
State-owned enterprises: These are companies or organizations that are fully or partially owned by the government.
Economic nationalism: Economic nationalism refers to policies and practices that prioritize domestic interests over international trade and investment.
"Re-nationalization" appears in:
Are you a college student?
Study guides for the entire semester
200k practice questions
Glossary of 50k key terms - memorize important vocab
Resources
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.