Economy, asked by alpanadipika2018, 1 year ago

what is globalisation and liberalisation ​

Answers

Answered by subhaswini09
7

Answer:

Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. ... Likewise, for centuries, people and corporations have invested in enterprises in other countries.

Liberalization is a process whereby a state lifts restrictions on some private individual activities. Liberalization occurs when something which used to be banned is no longer banned, or when government regulations are relaxed. Economic liberalization is the reduction of state involvement in the economy.

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Answered by Anonymous
11

Answer:

1.The process of intergation of the world is called GLOBALISATION,

.The process of intergation of the world is called GLOBALISATION,2.Due To globalisation ,the market of different countries are interlinked.

.The process of intergation of the world is called GLOBALISATION,2.Due To globalisation ,the market of different countries are interlinked.3.Different countries now more dependent on each other.

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