millileştirilmiş sanayi

listen to the pronunciation of millileştirilmiş sanayi
Turkish - English
nationalised industry
(Ekonomi) An industry whose ownership has been taken over by the state. Motives for nationalization varied: in some cases industries were nationalized because they were natural monopolies, such as public utilities, so that public ownership was expected to give consumers a better deal. Some industries were nationalized because large subsidies were neeeded to avoid run-downs in output and employment. In other cases the aim was to reduce the power of private capitalists, and take public control of ‘the commanding …
millileştirilmiş sanayi
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