Economy, asked by sufiyaanshaikh345, 1 year ago

What is liberalisation and what are its impacts positives and negatives

Answers

Answered by arshad49
1
Liberalization (or liberalisation) is any 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.

Liberalization refers to laws or rules being liberalized, or relaxed, by a government. Youmight talk about the liberalization of marriage laws in states that allow same-sex marriage. Liberalization came to the English language in 1835, from the word liberal

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