Question

Meaning of liberalization in 50 words

Answer 1

liberalization may refer to a relaxation of laws restricting, for example, divorce, abortion, or psychoactive drugs. Regarding civil rights, it may refer to the elimination of laws prohibiting homosexuality, property rights, private ownership of firearms, inter-racial marriage, or inter-faith marriage

Answer 2

 liberalization refers to a relaxation of previous government restrictions, usually in areas of social or economic policy. In some contexts this process or concept is often, but not always, referred to as deregulation. Liberalization of autocratic regimes may precede democratization. In the arena of social policy it may refer to a relaxation of laws restricting for example divorce, abortion, or drugs In the arena of civil rights policy it may refer to the elimination of laws prohibiting same-sex sexual relations, same-sex marriage, interracial marriage, or interfaith marriage Most often, the term is used to refer to economic liberalization, especially trade liberalization or capital market liberalization.