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positive points what is Liberazation.
positive points what is Privatization.
positive points what is Globalization.
Answers
Answer:
- Liberalization (or liberalisation) is a 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 transfer of ownership, property or business from the government to the private sector is termed privatization.
- Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
Explanation:
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Explanation:
ADVANTAGES OF LIBERALIZATION
Di-licencing of industries.
Increase in foreign direct investment.
liberalization of foreign technology.
Industrial location.
Faster growth and poverty reduction.
Increase in employment
Advantage of privatisation.
The advantages of transferring government-owned assets to the private sector are increased efficiency and profits, largely because competition incentivizes innovation and improvement. The disadvantages of privatization are decreased regulation and government revenue.
Advantage of globalization.
Access to New Cultures. ...
The Spread of Technology and Innovation. ...
Lower Costs for Products. ...
Higher Standards of Living Across the Globe. ...
Access to New Markets. ...
Access to New Talent. ...
International Recruiting. ...
Managing Employee Immigration.
Explanation:
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