Question

meaning of economical reforms
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Answer 1

Answer:

Economic reform" usually refers to deregulation, or at times to reduction in the size of government, to remove distortions caused by regulations or the presence of government, rather than new or increased regulations or government programs to reduce distortions caused by market failure.

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Answer 2

Answer:

for the past two decades, British economic reforms have been motivated. by a desire to increase the reliance on market forces relative to the role.