The Opposite(Antonym) of “privatize”
The antonyms of privatize are nationalize and socialize. The antonyms nationalize and socialize convey the opposite meaning of privatize, which means to transfer ownership or control from the public sector to the private sector.
Explore all Antonyms of “privatize”
- nationalize
- socialize
Definitions and Examples of nationalize, socialize
Learn when and how to use these words with these examples!
To bring under state ownership or control, especially industries or resources that were previously privately owned.
Example
The government decided to nationalize the oil industry to ensure that it was run in the best interests of the country.
socialize
To bring under collective or community ownership or control, especially industries or resources that were previously privately owned.
Example
The community decided to socialize the local park to ensure that it remained accessible to everyone and was well-maintained.
Key Differences: nationalize vs socialize
- 1Nationalize refers to bringing industries or resources under state ownership or control.
- 2Socialize refers to bringing industries or resources under collective or community ownership or control.
Effective Usage of nationalize, socialize
- 1Political Discussions: Use these antonyms to discuss different approaches to ownership and control of industries and resources.
- 2Economic Analysis: Incorporate these antonyms in economic analysis to compare the benefits and drawbacks of different ownership models.
- 3Business Reports: Utilize these antonyms in business reports to analyze the impact of changes in ownership and control on industries and resources.
Remember this!
The antonyms nationalize and socialize convey the opposite meaning of privatize, which means to transfer ownership or control from the public sector to the private sector. Use these words in political discussions, economic analysis, and business reports to compare different ownership models and analyze their impact on industries and resources.
