neoliberal
adjective/ˌniːoʊˈlɪbərəl/
Frequency rank: #12,925 most common English word
Meaning
relating to an economic ideology that favors free markets, deregulation, privatization, and reduced government spending.

Example sentence
The government introduced neoliberal policies that prioritized free markets and reduced public spending.
Synonyms & related words
- free-market
- laissez-faire
- capitalist
- deregulatory
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