Liberalization

usgb/ˌlɪbrələˈzeɪʃn/
noun

The process of making something more free or less restricted.

The liberalization of trade barriers has allowed for increased global commerce.
Visual representation of "liberalization" - The process of making something more free or less restricted

Often appears as...

  • economic liberalization
  • trade liberalization

Usage tips

Academic

Definition 1 of 3
Visual representation of "liberalization"
LampPro Tip 1/3

Trade Growth

Focusing on the increased opportunities for international trade and business.

Illustration for Trade Growth
Post-liberalization, our company exported goods to three additional countries.
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Less Control

Highlighting reduction in government intervention in business activities.

Illustration for Less Control
The liberalization era marked reduced government scrutiny over cross-border partnerships.
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Economic Boost

Implies that freeing trade rules can stimulate a country's economy.

Illustration for Economic Boost
Liberalization in the 90s boosted the growth of tech industries.
Visual representation of the word "Liberalization"

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