Question

what do you understand by liberalisation in economy

Answer 1

n general, liberalization (orliberalisation) refers to a relaxation of government restrictions, usually in such areas of social, political and economic policy. In some contexts, this process or concept is often, but not always, referred to as deregulation. Answered by: Amitash S.

Answer 2

liberalisation-removing barriers or restrictions set by the government is called liberalisation.