Etymology
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democratization (n.)

"action or process of becoming democratic; act of rendering democratic," 1860; see democratize + -ation.

We teach the population at the cheapest possible rate; and the aim all the democratization (if we may use the word) of literature proposes to itself in this country, is to store the minds of the many, of the anonymous multitude, with a large portion of valuable, because practically useful, facts. [Meliora, vol. ii, no. 6, 1860]

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Definitions of democratization

democratization (n.)
the action of making something democratic;
Synonyms: democratisation
From wordnet.princeton.edu