Definition of liberalisation privatisation and globalisation
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LIBERALISATION---------
Means free it from direct or phisical controls imposed by the government.
PRIVATISATION----------
Means to allowing the private sector to set up industries which were earlier reserved for the public sector.
GLOBALISATION----------
Means free of interaction of an economy with the economies of the rest of the government.
HOPEFULLY IT HELPS********
Means free it from direct or phisical controls imposed by the government.
PRIVATISATION----------
Means to allowing the private sector to set up industries which were earlier reserved for the public sector.
GLOBALISATION----------
Means free of interaction of an economy with the economies of the rest of the government.
HOPEFULLY IT HELPS********
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Liberalisation :- Removing barriers or restrictions set by government is known as liberalisation..
Globalisation :- Globalisation refers to the proof integration of economies of the world under conditions of free flow of trade capital and movement of persons across borders.In this process,goods and services are produced and marketed throughout the world..
Globalisation :- Globalisation refers to the proof integration of economies of the world under conditions of free flow of trade capital and movement of persons across borders.In this process,goods and services are produced and marketed throughout the world..
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