Question

can you please say the exact definition of liberalisation, privatisation, globalisation.​

Answer 1

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Liberalisation :-

the removal or loosening of restrictions on something, typically an economic or political system.

Privatization :-

the transfer of a business, industry, or service from public to private ownership and control.

Globalization :-

the process by which businesses or other organizations develop international influence or start operating on an international scale.

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