write a short note on liberalization policies
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Liberalization, the loosening of government controls. Although sometimes associated with the relaxation of laws relating to social matters such as abortion and divorce, liberalization is most often used as an economic term. In particular, it refers to reductions in restrictions on international trade and capital.
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- Liberalism is a political and moral philosophy based on liberty, consent of the governed and equality before the law. ...
- Liberalism became a distinct movement in the Age of Enlightenment, when it became popular among Western philosophers and economists.
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