Definition
Collectivization is the process of consolidating individual landholdings or businesses into collective entities. It involves merging private farms or workshops into larger, collectively owned and managed units. Think of it as a group of farmers combining their land and resources into a single, shared farm. Unlike private ownership, collectivization emphasizes shared ownership and control. It's often associated with socialist or communist ideologies. The goal is usually to increase efficiency, promote equality, or centralize resources. Collectivization reshapes economic structures and social relationships.