liberalization

[ˌlɪbərəlaɪˈzeɪʃən]

liberalization Definition

the act of making laws or rules less strict, especially in order to encourage economic activity.

Using liberalization: Examples

Take a moment to familiarize yourself with how "liberalization" can be used in various situations through the following examples!

  • Example

    The liberalization of trade has led to increased competition.

  • Example

    The government is considering the liberalization of the energy market.

  • Example

    The liberalization of the telecommunications industry has resulted in lower prices for consumers.

liberalization Synonyms and Antonyms

Synonyms for liberalization

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Summary: liberalization in Brief

'Liberalization' [ˌlɪbərəlaɪˈzeɪʃən] refers to the act of making laws or rules less strict, particularly in the context of encouraging economic activity. Examples include the liberalization of trade, energy markets, and the telecommunications industry. Synonyms include 'deregulation,' 'privatization,' and 'decontrol.'