By referring to the statement below provide a discussion on the fairness of compensation to the private sector resulting from the transfer of private assets into public ownership.

Nationalisation is the act of transferring assets into public ownership. It usually refers to the transfer of private assets but may also mean assets owned by the other levels of government such as municipalities. The opposite of nationalisation is usually privatisation.

A key issue in nationalisation is whether the private owner is properly compensated for the value of the institution.