How does liberalization contribute to the expansion of markets in India?(write 5 short points)
Answers
Answer:
Removal of trade barrier is known as liberalization.
Explanation:
due to liberalization markets in india growing rapidly, this can be explained as follows -
1.Foreign companies setteled in large no. due to( sez ) provided by the central as well as state government. like ford motor, parakh food products.
2. Indian Native businessman wish to important product sold in the country like chinese toys, and others electronic equipment.
3. India also export cotton,jute,sugarcane,rice and other Agricultral product and also import commodities of petroleum and petroleum product.
4. Central government played main role in this feature- 1. flexibility in labour laws.
Answer:
It is true that people are becoming materialistic and hard hearted .But it is also true that people like Anil and Hari Singh are still found in real life also. But their number is very small.☺️