marketization

noun
mar·​ket·​i·​za·​tion | \ˌmär-kə-tə-ˈzā-shən \

Definition of marketization 

: the act or process of entering into, participating in, or introducing a free market economy

Examples of marketization in a Sentence

Recent Examples on the Web

Indeed, the marketization of the sport has already hurt many of them. Jonathan Chait, Daily Intelligencer, "How to Pay College Athletes Without Ruining NCAA Sports," 31 Mar. 2018 It has been hollowed out by decades of outsourcing and marketization. Pankaj Mishra, New York Times, "The Rise of Jeremy Corbyn and the Death Throes of Neoliberalism," 20 June 2017 Since the collapse of the USSR and the marketization of the People’s Republic of China, the true opposition has been obscured, and fascism has stepped in to fill the gap as liberalism’s sparring partner. Malcolm Harris, New Republic, "A French Philosopher Considers the Kids," 15 May 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'marketization.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of marketization

1961, in the meaning defined above

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The first known use of marketization was in 1961

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