public ownership - Definition from the ECONOMICS topic - POLITICS

Topic: ECONOMICS

public ownership
noun

public ownership [uncountable]

PE businesses, property etc in public ownership are owned by the government:

Look up a word starting with D or S for samples of headword or sentence pronunciations on the LDOCE CD-ROM

The Opposition intends to bring the industry back into public ownership.

Definition of public ownership from the Longman Dictionary of Contemporary English within
the topic ECONOMICS

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balance sheet bankrupt(a) bankrupt(v) bankrupt(n) black market boom budget capitalism capitalist cartel commodity consumer consumer goods consumption demand developed diversify downturn economic economics economist economy embargo exchange expenditure fiscal floor free trade GDP goods gross domestic product import(n) import(v) importation importer inflation International Monetary Fund labour market laissez-faire market forces market value monetary outflow peg political economy price index privatization protect protective public service real recession refund slump socioeconomic squeeze(v) squeeze(n) staple stringent subsidy surplus trough trust

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