Liberalization (Noun)
Meaning
The act of making less strict.
Classification
Nouns denoting acts or actions.
Examples
- The country's recent economic liberalization has led to an increase in foreign investment and trade.
- The airline industry experienced rapid growth following the liberalization of regulations and rules.
- The university's decision to relax its attendance policy is part of its overall effort towards liberalization.
- The financial sector is calling for the liberalization of the existing rules to make way for new investments.
- The media law is currently under review with a focus on liberalization and allowing more press freedom.