👉 Liberalized (lib-ə-rē'-zehed) is a political term that refers to a system or process where government policies and regulations are less strict than those of previous administrations. This means that government officials are more likely to relax their laws, regulations, and standards in order to promote economic growth and improve the lives of citizens. Liberalized systems have been implemented in many countries around the world, including those that have experienced significant political changes or shifts in power.
