collectivization JUST WRITTEN FOR YOU
/kəˌlɛktɪvɪˌzeɪʃən/ · col·lec·ti·vi·za·tion
noun
- The process of converting individual farms or businesses into collective farms or enterprises, often as part of a socialist or communist economic system. The government implemented a policy of collectivization to increase agricultural production and reduce inequality.
noun
- A system or economy in which resources and production are owned and controlled by a collective group, often in the form of a cooperative or a state-owned enterprise. The collectivization of industry led to significant improvements in working conditions and wages.
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Did you know? The process of collectivization was a key aspect of Soviet agricultural policy in the 1920s and 1930s, leading to significant changes in the way farms were organized and managed.