liberalization
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liberalization
The process in which government regulations, laws, or social norms are loosened or dismantled in order to allow more freedom and less control. This often affects the economy, trade, or social issues.
Die Liberalisierung des Strommarktes führte zu mehr Wettbewerb.
The liberalization of the electricity market led to more competition.
The noun ends in '-ung', which is typical for nouns derived from a verb. The related verb is 'liberalisieren' (to liberalize), which means 'to make something more liberal'.
Viele Politiker fordern, die Gesetze weiter zu liberalisieren.
Many politicians are calling for the laws to be liberalized further.
To specify what is being liberalized, you usually use the genitive or the preposition 'von' (of). The genitive form is more common in written language.
Die Liberalisierung des Arbeitsmarktes ist ein kontroverses Thema.
The liberalization of the labor market is a controversial topic.
The word 'Liberalisierung' (liberalization) belongs to formal language and is used mainly in political, economic, or academic discussions.
In der Zeitung wurde ein langer Artikel über die Liberalisierung im Telekommunikationssektor veröffentlicht.
A long article about liberalization in the telecommunications sector was published in the newspaper.
restriction / qualification
'Einschränkung' and 'Liberalisierung' are opposites when it comes to rules and freedom. An 'Einschränkung' reduces room for action: you are allowed to do less or have fewer possibilities. A 'Liberalisierung' makes rules looser or removes them so that more freedom is created. You often hear 'Liberalisierung' in politics, business, or social rules. 'Einschränkung' is more general and also fits everyday life.
Die Liberalisierung des Handels soll kleinen Firmen neue Chancen geben.
The liberalization of trade is intended to give small companies new opportunities.
Wegen der neuen Regel gibt es eine Einschränkung bei den Öffnungszeiten.
Because of the new rule, there is a restriction on opening hours.