noun
- plural of marketization; the process of converting something (such as a public service or social good) into a market commodity or applying market principles to it
Usage: formal; often used in academic, economic, or policy contexts
Examples
- The marketizations of healthcare systems in several countries have sparked debate among policymakers.
- Critics argue that the marketizations of education undermine equal access for all students.
- Economists studied the effects of marketizations on previously state-run industries.
- The marketizations of public utilities have led to both efficiency gains and affordability concerns.
- Scholars examine how different marketizations of labor markets affect wage inequality.