Question

The process of removal of restrictions on an industry by government is known as

Answer 1

The process of removal of instructions on an industry by government is known as liberalisation....

Liberalization is the process of removing barriers or restrictions set by the government. Liberalization is one of the important development of modern world. It lead to integration of markets and consumers. It made the foreign investment and trade easier. It lead to free flow of goods between the nations.

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Answer 2

Liberalisation is the term used for the given question