What is the term for the transition from a centrally planned economy to a market economy?

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Marketization refers to the process of transitioning from a centrally planned economy to a market economy. This typically involves privatizing state-owned enterprises, removing price controls, and reducing government intervention in the economy. Nationalization refers to the opposite process of bringing private assets or industries under public control, while capitalization and syndicalism are unrelated concepts.

What Is the Term for the Transition from a Centrally