Question

Briefly explain the important areas of Liberalization​

Answer 1

Answer:

Answer

Economic liberalization is generally

thought of as a beneficial and desirable

process for emerging and developing

countries. The underlying goal of

economic liberalization is to have

unrestricted capital flowing into and out

of the country, boosting economic growth

and efficiency.

Explaienetion:-

The main objectives of the liberalisation

policy are as follows: To increase

international competitiveness of

industrial production, foreign investment

and technology. To increase the

competitive position of Ind

Answer 2

Core areas of liberalization are :

• a change in the attitude of the state towards an industrial society.
• a change from a centrally-planned economy to a market led economy.
• a change from stricter government intervention to minimal government intervention.
• a change from a nationalized system to a privatized system.