what is liberalisation and privatisation ... ?
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Answered by
12
Hey,
Thanks for asking this question.
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.
Hope this answer helps.
Thanks for asking this question.
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.
Hope this answer helps.
Answered by
15
HEY MATE HERE IS YOUR ANSWER:-
Liberalisation means relaxation in the restrictions on industries, trade and agriculture and more freedom at international level. in India liberalisation policy adopted in 1991.In general, liberalization 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.
Privatisation:-
Privatization can mean different things including moving something from the public sector into the private sector.
Privatization is the process of transferring an enterprise/organization/sector or industry from the govt ownership to the private ownership.
HOPE IT HELPS ☺️
Liberalisation means relaxation in the restrictions on industries, trade and agriculture and more freedom at international level. in India liberalisation policy adopted in 1991.In general, liberalization 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.
Privatisation:-
Privatization can mean different things including moving something from the public sector into the private sector.
Privatization is the process of transferring an enterprise/organization/sector or industry from the govt ownership to the private ownership.
HOPE IT HELPS ☺️
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