Economy, asked by Harikrishnan5970, 1 year ago

Meaning of liberalisation privatisation and globalisation

Answers

Answered by Annarhysa
1

https://www.toppr.com/guides/economics/liberalization-privatisation-and-globalisation/introduction-to-lpg/

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Answered by tanisha272
2

Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.

Liberalization means elimination of state control over economic activities. It implies greater autonomy to the business enterprises in decision-making and removal of government interference. ... Privatization is the transfer of control of ownership of economic resources from the public sector to the private sector.

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