collectivised
/kəˈlɛktɪvaɪzd/
adjective
- Organized or owned by a group of people, especially under a system where private property is replaced by communal ownership.
- In a collectivised system, individuals share the profits and responsibilities equally.
- After the revolution, many farms were collectivised and run by local committees.
- The collectivised economy meant that all factories were owned by the workers as a group.
Synonyms