What is facilitates privatisation if it enables private sector to challenge government monopoly?
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Liberalisation means the opening of the country for foreign investments and capitals.
Liberalisation of the economy means to free it from direct or physical controls imposed by government.
Globalization is the free movement of goods, services and people across the world.
Globalisation refers to the integration of markets in the global economy, leading to the increased interconnectedness of national economies.
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→ Some of these include inadequate reach of basic healthcare services, shortage of medical personnel, quality assurance, inadequate outlay for health and most importantly insufficient impetus to research. Since the magnitude of these challenges is significant, these cannot be resolved by the government alone.
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