liberalized market
/ˌlɪbəˈrəlaɪzd ˈmɑrkɪt/ · li.ber.a.lized mar.kit
noun
- An economic system where trade and commerce are subject to minimal government regulation and intervention, allowing for greater freedom and competition. The liberalized market in the country led to increased foreign investment and economic growth.
noun
- A market that has been opened up to foreign competition and investment, often as a result of trade liberalization policies. The liberalized market in the region attracted many multinational corporations.
Synonyms
unregulated marketfree marketopen marketglobal marketcapitalist marketunfettered marketunrestricted marketunshackled market
Antonyms
Did you know? The concept of a liberalized market has been influential in shaping modern economic policies, with many countries adopting liberalization strategies to promote economic growth and development.