Changes

'''Nationalization''' means the permanent takeover of a private business by the government. Sometimes it is voluntary with full payment to the previous owners, and sometimes it is involuntary with no payment or worthless bonds.

[[Image:Hitlerspeech.jpg‎|thumb|215px|right|Leader of the German [[Nazi|'''National Socialist''']] party]]‎'''Nationalization''' means the permanent takeover of a private business by the government. Sometimes it is voluntary with full payment to the previous owners, and sometimes it is involuntary with no payment or worthless bonds.

[[Socialist]] governments nationalized industry in Britain, France and other countries after World War II.  In most cases they have been privatized, that is returned to private ownership.  

[[Socialist]] governments nationalized industry in Britain, France and other countries after World War II.  In most cases they have been privatized, that is returned to private ownership.