Social Sciences, asked by sahil7291, 1 year ago

define liberalisation

Answers

Answered by riya666619
5

⏩ LIBERALISATION

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


HANIFSAYYED04: nice answer
Answered by HANIFSAYYED04
1
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.

The term "liberalization" is most often used in discussing economic liberalization, which refers to the reduction of state involvement in the economy, but it can be used in other contexts as well.

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