nationalization
🇺🇸
/ˌnæʃnələˈzeɪʃn/
🇬🇧
/ˌnæʃnəlaɪˈzeɪʃn/
When the government takes control and ownership of a business or industry.
The nationalization of the energy sector was announced to ensure equitable distribution of resources.
宣布能源部门的国有化是为了确保资源的公平分配。