Economy, asked by mairarana1998, 4 months ago

explain negative effect of liberalisation and globalisation

Answers

Answered by radheshyam6441

Answer:

Negative effects of liberalisation and globalisation are: (i) Tremendous redistribution of economic power and political power leads to destabilising effects on the economy. (ii) Rapid increase in technology forces enterprises to adapt to changes, or close their businesses.

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