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Last updated 3:32 AM on 5/1/25
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6 Terms
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Neoliberalism
Economic theory advocating for free markets and minimal government intervention
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Market Liberalization
Allowing goods, services, and capital to move freely across borders without tarifs or restrictions
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Privatization
Transferring ownership of businessess or services from public sector (government) to the provate sector (businessess)
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Deregulation
Removing laws and regulations that restrict the way businessess can operate
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Fiscal Austerity
Cutting government spending, particularly on social programs
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