Question

what is liberalization​

Answer 1

Explanation:

the removal or loosening of restrictions on something, typically an economic or political system.

Answer 2

$\large \green{ \fcolorbox{gray}{black}{ ☑ \: \textbf{Verified \: answer}}}$

• Liberalization means to liberate industry from the shackles of the licensing system.

• The economic reforms that were introduced were aimed at liberalizing the Indian business and industry from all unnecessary controls and restrictions.