Question

Merits and demerits of new economic policy..

Answer 1

Answer:

Before or prior to new economic policy there was a small internal competition only. But after the new economic policy the world class competition started and to stand this global competition the companies need to adopt the world class technology.

Explanation:

Answer 2

Merits and demerits of new economic policy.

Explanation:

• There are demerits or disadvantages of the new industrial policy. As growing unemployment, neglect on agriculture, growing prone to disparities and widespread poverty, and infrastructural inequality.

• Some advantage of this policy includes the increase in GDP flow rates, increase of FDI, increase of foreign exchanges, and outsourcing.

Learn more about the merits and demerits of new economic policy.

• brainly.in/question/11392826 answered by  laxmi1783