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Liberalize: meaning, definitions and examples

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liberalize

 

[ˈlΙͺbΙ™raΙͺˌzaΙͺz ]

Definition

Context #1 | Verb

political context

To liberalize means to make laws, rules, or policies less strict or more democratic. This usually involves reducing restrictions or regulations in various fields such as trade, economics, or social issues.

Synonyms

democratize, ease, free, open up.

Examples of usage

  • The government decided to liberalize the economy to encourage foreign investment.
  • In recent years, many countries have chosen to liberalize their trade policies.
  • The aim of the reforms was to liberalize the telecom sector.
  • Efforts to liberalize immigration laws have sparked national debate.

Interesting Facts

Etymology

  • 'Liberalize' comes from the root word 'liberal,' which means generous or open-minded, originally from the Latin 'liberalis,' meaning 'pertaining to a free person.'
  • The term began to be used in the 19th century during movements advocating for personal and economic freedoms in Europe.
  • It reflects a significant political and economic trend that emphasizes individual rights and less government control.

Politics

  • Liberalization often pertains to reducing government controls in markets, allowing businesses to operate more freely.
  • Historically, many countries have undergone liberalization during major reforms, affecting trade and social policies.
  • Key examples include the liberalization of trade policies in the 1980s, leading to more global economic exchanges.

Culture

  • Cultural liberalization often leads to increased acceptance of diversity and pluralism in societies, encouraging different lifestyles.
  • Art and media often flourish in more liberalized societies, exploring broader themes and ideas unbound by strict regulations.
  • Various social movements advocating for equal rights have pushed for liberalization in areas like gender and sexuality.

Economics

  • Economic liberalization can lead to faster growth by attracting foreign investment and increasing competition in markets.
  • Countries that embraced liberalization in recent decades have often seen significant improvements in their living standards.
  • However, it can also create challenges such as increased inequality if not managed carefully.

Global Impact

  • Many international organizations promote liberalization as a means to improve trade relationships among nations.
  • The global move towards liberalization in the 20th century resulted in drastic changes in international economics, shaping global trade policies.
  • Liberalization has faced criticism, with some arguing it can undermine local cultures and economies.

Word Frequency Rank

At rank #25,806, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.