Definitions

1. verb

to convert a private enterprise or a means of production into a public or state-owned one, especially as part of a policy of socialism or communism

“The government began to collectivize the land and resources, leading to widespread resistance from farmers.”

2. noun

the process of converting a private enterprise or a means of production into a public or state-owned one

“The collectivization of the industry led to significant changes in the economy.”