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Nationalization vs Devolution - What's the difference?

nationalization | devolution |

As nouns the difference between nationalization and devolution

is that nationalization is standard spelling of from=American spelling|from2=Oxford British spelling|lang=en while devolution is a rolling down.

nationalization

English

(wikipedia nationalization)

Noun

(en noun)

    • devolution

    English

    Noun

    (en noun)
  • A rolling down.
  • A descent, especially one that passes through a series of revolutions, or by succession
  • The transference of a right to a successor, or of a power from one body to another.
  • (pejorative) Degeneration (as opposed to evolution).
  • (British) The transfer of some powers, and the delegation of some functions, from a central sovereign government to local government; eg. from Westminster to Scottish parliament and Welsh assembly.

    • Related terms

    * devolve