Final answer:
In developing countries in Africa and Latin America, socialist governments have popularly nationalized industries like railroads, electric utilities, and communication systems.
Step-by-step explanation:
In developing countries in Africa and Latin America, nationalization of industries has been a popular action by socialist governments. This means that the government takes ownership and control of industries like railroads, electric utilities, and communication systems. By nationalizing these businesses, the government operates them in the name of the people rather than for the profits of foreign shareholders.