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What is the difference between political liberalization and economic liberalization? Please give an example from a Latin American country.

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Each of these phrases refers to the relaxation of government control. Political liberalization entails the expansion of freedoms and human rights. Liberal governments uphold basic human rights and civil liberties that include free speech, freedom of the press, and due process protections against search and seizure, arrest without cause, and so on. As a government establishes constitutional and legal protections for these rights, it is undertaking political liberalization.

Economic liberalization refers to the process of removing government controls from the economy. These controls are generally associated with socialist governments. As an economy liberalizes, businesses that were...

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