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What is Neo-liberalism ? Discuss its
nature and seope
meaning
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Answer:
Neoliberalism is antithetical to the protection of group - rather than individual - interests, for example, that might be achieved through lobbying of groups, or state interventions that protect national interests via tariffs or subsidies. Neoliberalism has moved away from a centrally governed economy.
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Explanation:
Neoliberalism is a policy model that encompasses both politics and economics and seeks to transfer the control of economic factors from the public sector to the private sector. Many neoliberalism policies enhance the workings of free market capitalism and attempt to place limits on government spending, government regulation, and public ownership.
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