milleştirilmiş sanayi

Turkish - English

Definition of milleştirilmiş sanayi in Turkish English dictionary

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 …

Hyphenation

mil·leş·ti·ril·miş sa·na·yi