verstaatlichen
nationalize
The German word "verstaatlichen" is a verb that means "to nationalize" or "to bring under state control." It is made up of the prefix "ver" which often indicates a change or transformation and the root "staatlich" which derives from "Staat," meaning "state" or "nation."
"Verstaatlichen" typically refers to the process of transferring ownership or control of a private enterprise or property to the government, often in the context of a policy aimed at promoting public welfare or managing resources.
Similar words in German include "en.bizzy/" (to expropriate) and "privatisieren" (to privatize), which is the process of transferring state-owned enterprises back to private ownership. While "verstaatlichen" emphasizes national control and management, "privatisieren" focuses on the opposite action, turning public resources into private ones.
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Examples
Die Regierung beschloss, einige Unternehmen zu verstaatlichen.verb
The government decided to nationalize some companies.
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