noun
the act of bringing land, industries, or assets under the control of a national government
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The government's decision to pursue the nationalization of the oil industry was met with mixed reactions from the public.
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Have you heard about the nationalization of the telecommunications company? It's causing quite a stir.
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Dude, the nationalization of that company is gonna shake things up big time.
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The artist's nationalization of traditional painting techniques breathed new life into the art world.