marketization

noun
mar·​ket·​i·​za·​tion | \ ˌmär-kə-tə-ˈzā-shən How to pronounce marketization (audio) \

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 So this marketization is having its own very peculiar effect. Nicole Froio, Harper's BAZAAR, 3 May 2021 However, even ignoring the exaggerated claim about marketization, the only obvious replacement for market prices is arbitrary valuation by elites, of which one example might be Carney. Philip Cross, National Review, 23 Apr. 2021 Moral clarity of Debs’s caliber is in desperately short supply today, and the marketization of our political imagination—the reduction of politics to a marketplace of domination and defeat—is a big part of the reason why. Aaron Timms, The New Republic, 18 May 2020 Indeed, the marketization of the sport has already hurt many of them. Jonathan Chait, Daily Intelligencer, 31 Mar. 2018 It has been hollowed out by decades of outsourcing and marketization. Pankaj Mishra, New York Times, 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, 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.

See More

First Known Use of marketization

1956, in the meaning defined above

Keep scrolling for more

Learn More About marketization

Time Traveler for marketization

Time Traveler

The first known use of marketization was in 1956

See more words from the same year

Dictionary Entries Near marketization

marketing research

marketization

market letter

See More Nearby Entries 

Statistics for marketization

Cite this Entry

“Marketization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/marketization. Accessed 22 Sep. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Difficult Spelling Words Quiz

  • alphabet pasta spelling help
  • Which is the correct spelling?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Universal Daily Crossword

A daily challenge for crossword fanatics.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!