Question

_ is closely associated with the phenomenon of globalization and liberalization
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Answer 1

Answer:

Marry Christmas bro............

Answer 2

GLOBALIZATION AND ITS TRENDS

DEREGULATION is closely associated with the phenomenon of globalization and liberalization.

HOW DEREGULATION, GLOBALIZATION AND LIBERALIZATION ARE INTERCONNECTED:

*The easing of government regulations is referred to as liberalization. Liberalization is most typically used as an economic phrase, while it is occasionally coupled with the loosening of legislation dealing to social issues such as abortion and divorce.

*Deregulation, or the elimination of state restraints on industry, is frequently used interchangeably with liberalization.

* Liberalization and deregulation have contributed to the globalization of the world economy by generating significant increases in international commerce.