Question

What did the concept of liberalization in the field of economics sphere mean?

Answer 1

Answer:

The concept of liberalization in the field of the economic sphere stood for the freedom of the markets and the abolition of all the state-imposed restrictions in the movement of goods and capital.

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Answer 2

Answer:

Economic liberalism is a political and economic philosophy based on strong support for a market economy and private property in the means of production. ... Economic liberalism is associated with free markets and private ownership of capital assets.

Explanation:

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