The belief that major industries should be controlled by the government so that all citizens equally share the ownership of goods and property is called 'socialism
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the first forms of writing came from them in the form of pictographs around 3100 bc.

nationalization is the set of dispositions and operations by means of which the state assumes, in varied form, the administration of private companies, of groups of companies or of the totality of certain economic sectors previously managed by individuals, such as the land portions. nationalization is the opposite of privatization. it is also called nationalization of the means of production, although a nationalized company can be previously both national and foreign ownership. nationalization or nationalization is a very characteristic action of ideologies such as socialism and nationalism.