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government ownership |
Also found in: Financial, Wikipedia | 0.03 sec. |
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government ownership: see public ownership public ownership, government ownership of lands, streets, public buildings, utilities, and other business enterprises. The theory that all land and its resources belong ultimately to the people and therefore to the government is very ancient. ..... Click the link for more information. . |
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| In tiny Switzerland there has been government ownership from the first, but with less detriment to the business than elsewhere. They advocated government ownership of such trusts as the railroads and telegraphs, and excessive income taxes, graduated with ferocity, to destroy large accumulations. |
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