LIBERALISATION Meaning and
Definition
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Liberalization refers to the process or act of making something more liberal or less restrictive, particularly in the context of economic, political, or social policies. It involves eliminating or reducing regulations, controls, or constraints in order to promote individual freedom and increase competition.
In the economic domain, liberalization usually refers to the removal of restrictions on trade, investment, and market entry. This may include the reduction of tariffs, the opening up of industries to private enterprises, and the elimination of monopolies or protective measures. The objective of economic liberalization is to stimulate economic growth, enhance efficiency, attract foreign investment, and improve the overall competitiveness of a country's economy.
On the political front, liberalization entails the relaxation of authoritarian or autocratic rule and the establishment of democratic principles. This can involve the enactment of laws that guarantee civil liberties, freedom of speech, assembly, and press, as well as the promotion of political pluralism and the protection of human rights.
Social liberalization is closely related to cultural changes and involves the liberalization of societal norms and values. This may encompass the recognition and acceptance of diverse lifestyles, beliefs, and practices that were previously stigmatized or discriminated against.
Liberalization can have significant impacts on various aspects of society, such as the economy, politics, and culture. While it often aims to foster greater personal freedoms, liberalization can also generate debates and challenges as it may disrupt established systems and ignite social or economic inequality.
Common Misspellings for LIBERALISATION
- kiberalisation
- piberalisation
- oiberalisation
- luberalisation
- ljberalisation
- lkberalisation
- loberalisation
- l9beralisation
- l8beralisation
- liveralisation
- lineralisation
- liheralisation
- ligeralisation
- libwralisation
- libsralisation
- libdralisation
- librralisation
- lib4ralisation
- lib3ralisation
Etymology of LIBERALISATION
The word "liberalisation" is derived from the adjective "liberal", which originated from the Latin word "liberalis". In the Latin language, "liberalis" referred to "appropriate for a free man" or "generous". In the Middle Ages, the term was associated with the education of a free man, hence someone educated, noble, generous, and open-minded.
The noun form "liberalism" appeared in English in the early 19th century and referred to the political and social philosophy centered around individual rights, liberty, and limited government intervention.
The word "liberalisation" emerged as a derivative of "liberal" and gained prominence in the mid-20th century. It generally refers to the act or process of making something more liberal, open, or free, particularly in relation to economic policies and laws.
Similar spelling words for LIBERALISATION
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