Nationalization Nationalization or nationalisation is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state Nationalization usually refers to private assets or assets owned by lower levels of government, such as municipalities, being transferred to the state.The opposites of nationalization are privatization and What is nationalization definition and meaning Takeover of privately owned corporations, industries, and resources by a government with or without compensation Common reasons for nationalization include prevention of unfair exploitation and large scale labor layoffs, fair distribution of income from national resources, and to keep means of generating wealth in public control. Nationalization of oil supplies The nationalization of oil supplies refers to the process of confiscation of oil production operations and private property, generally in the purpose of obtaining revenue from oil for oil producing countries governments This process, which should not be confused with restrictions on crude oil exports, represents a significant turning point in the development of oil policy. PDVSA ordered to pay Conoco billion after Venezuela oil HOUSTON An international arbitration court has ordered Venezuela s state run oil company PDVSA to pay ConocoPhillips . billion for early dissolution of two joint ventures for producing oil Axios Trump admin mulling nationalization of G network Top national security officials within the Trump administration are reportedly weighing whether to build a nationalized mobile wireless network within the U.S an effort aimed at protecting then Historical Setting Pars Times Members of the Achaemenid royal bodyguard, from a bas relief at Persepolis The Islamic revolution in brought a sudden end to the rule of the Pahlavi dynasty, which for fifty years had been identified with the attempt to modernize and Westernize Iran. OIL AGREEMENTS IN IRAN Encyclopaedia Iranica OIL AGREEMENTS IN IRAN their history and evolution. Introduction The history of Iranian oil agreements began with an unprecedented concession granted by N er al Din Shah in to Baron Julius de Reuter, a British subject of German origin see CONCESSIONS ii.The concession, which covered the entire territory of Persia, gave Reuter the exclusive rights and monopoly, for Social democracy Britannica Social democracy Social democracy, political ideology that originally advocated a peaceful evolutionary transition of society from capitalism to socialism using established political processes In the second half of the th century, there emerged a moderate version of How the Common Core Suppresses Competitive Federalism Nationalizing standards and tests would eliminate them as differentiated school reform instruments that could be used by states in competition over educational attainment. Milestones Office of the Historian The Suez Crisis, On July , , Egyptian President Gamal Abdel Nasser announced the nationalization of the Suez Canal Company, the joint British French enterprise which had owned and operated the Suez Canal since its construction in .