nationalize
🇺🇸
/ˈnæʃnəlaɪz/
🇬🇧
/ˈnæʃnəlaɪz/
When the government takes control of a business or industry and owns it.
The government decided to nationalize the steel industry to protect jobs and ensure fair pricing.
政府决定将钢铁行业国有化,以保护就业并确保公平定价。