Business Studies, asked by Tera223, 1 year ago

Define liberalisation??

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Answered by Anonymous
4

Answer:

Liberalization (or liberalisation) is any process whereby a state lifts restrictions on some private individual activities. Liberalization occurs when something which used to be banned is no longer banned, or when government regulations are relaxed. Economic liberalization is the reduction of state involvement in the economy.

Answered by Anonymous
4

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