1 sentences with 'nationalise'

Example sentences and phrases with the word nationalise and other words derived from it.

Brief definition: nationalise

To take control of a private company, industry, or asset and make it owned and run by the government.

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The exceptions were countries like Iran that sought to nationalise national industries: the US sponsored a coup to overthrow Prime Minister Mohammed Mosadeq in 1953 for trying to assert Iranian ownership of its own oil fields, replacing him with a corrupt king, Shah Mohammad Reza Pahlavi, who was beholden to US interests.

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