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Liberalization vs Marketization - What's the difference?

liberalization | marketization |

As nouns the difference between liberalization and marketization

is that liberalization is (us) the process or act of making more liberal while marketization is the exposure of service industries to market forces.

liberalization

English

Alternative forms

*liberalisation (UK )

Noun

(en noun)
  • (US) The process or act of making more liberal.

    • marketization

    English

    Alternative forms

    * marketisation

    Noun

    (wikipedia marketization) (en noun)
  • The exposure of service industries to market forces.

    • See also

    * marketize