Social Sciences, asked by aswin7155, 1 year ago

Discuss the impact of the new economic policy on the rural economy

Answers

Answered by samarsingh170
1
for improving the economy
Answered by TheCommander
4

Answer

Following are the main impacts and aspects of new economic policy.

  • Liberlisation:- It means removing of all trade barriers and restrictions, and make the economy more comfortable and competitive.
  • Privatisation:- It means removing strict control over private sector and making free to take decision
  • Globalization:- It means free interaction among economies of the world in the field of trade, finance, production, technologies, investment, etc.

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