Definition
Liberalisation is the same as liberalization; it's the process of making something less strict or controlled, particularly laws, regulations, or economic policies. Think of it as easing up on the rules so things can flow more freely. π§ It often involves removing government interventions or barriers. Imagine easing the rules on what you can wear at school β that's liberalisation! It's all about increasing freedom and encouraging growth. It's not a free-for-all, but more about choice and less red tape.