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liberalization

liberalization
Noun
pl: liberalizations

Meanings

Nounliberalization

The process of removing or loosening government restrictions on economic activity in a particular industry or sector.

The liberalization of the telecommunications market led to lower prices for consumers.

Nounliberalization

The act of making laws, regulations, or social customs less strict or more tolerant.

The liberalization of divorce laws in the 1960s reflected a shift in societal values.

Related Words

Last Updated: July 2, 2026Report an Error