Question

Name the policy under which restrictions and controls upon the private sectors are reduced?​

Answer 1

Explanation:

Economic liberalization (or economic liberalisation) is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities; the doctrine is associated with classical liberalism. Thus, liberalization in short is "the removal of controls" in order to encourage economic development.[1] It is also closely associated with neoliberalism.

Most high-income of the