Question

10. What do you mean by the term:
a. Globlisation
b. Uberalisation ​

Answer 1

Answer:

Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.

Liberalisation is the process or means of the elimination of control of the state over economic activities. It provides a greater autonomy to the business enterprises in decision-making and eliminates the government interference.

Answer 2

Answer:

Globlisation:-

Globalization means the speedup of movements and exchanges all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.

Ubanization:-

Urbanization refers to the increasing number of people that live in urban areas. Urbanization is closely linked to modernization, industrialization, and the sociological process of rationalization.

Explanation:

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