Meaning of liberalisation privatisation globalisation and modernisation
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Liberalisation- the removal or loosening of restrictions on something, typically an economic or political system.
Privatisation- the transfer of a business, industry, or service from public to private ownership and control.
Modernisation- the process of adapting something to modern needs or habits.
Globalisation- the process by which businesses or other organizations develop international influence or start operating on an international scale.
Privatisation- the transfer of a business, industry, or service from public to private ownership and control.
Modernisation- the process of adapting something to modern needs or habits.
Globalisation- the process by which businesses or other organizations develop international influence or start operating on an international scale.
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