Question

HEYA MATE !! PLEASE ANSWER IT ⤵️⤵️
→What is Liberalisation?Describe any four effects of liberalisation on the Indian economy.​

Answer 1

$\huge\underline\mathfrak\red{Hello\:Mate}$

$\large\boxed{\fcolorbox{blue}{white}{!-----Answer-----!}}$

Liberalisation:- Liberalisation is process of removing barriers or restrictions for trade . It helps in increasing the trade.

EFFECTS:-

⚫It has increased trade in India more and more companies/MNCs are coming in India.

⚫It has increased the economy of the country by increasing trade.

⚫It has also led to the declining of some business which has created problems.

⚫Many people are not able to get proper job facilities even in organised sector. It has made people to work for extra hours...

__________________________________

Answer 2

ANSWER :- ➡️ ⤵️ ⤵️ ⤵️

⭕Liberalization :-

---> Liberalization is a process in which the government relaxes the citizens from taxes or other regulations.

⭕ Effects of liberalization on the Indian Economy :-

✏️ Free flow of capital between nations.

✏️ the efficient allocation of resources and competitive advantages.

✏️ Reducing in protectionist policies such as tariffs , trade laws and other trade barriers.

✏️ Effect on the business of a country.

HOPE IT HELPS YOU ❣️