collectivize

/kəˈlɛktɪvaɪz/
verb
  1. To organize (a society, industry, or farm) so that the means of production are owned and controlled by the community or state.
    • Some countries tried to collectivize their economies after the revolution.
    • The government decided to collectivize all large farms in the region.
    • It is difficult to collectivize an industry without the support of workers.
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