Economy, asked by niyazzzzz, 1 year ago

what is liberalization

Answers

Answered by rs12467
1
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.

Economic liberalization is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities; the doctrine is associated with classical liberalism. Thus, liberalization in short is "the removal of controls" in order to encourage economic development. It is also closely associated with neoliberalism

Answered by abhishek0072
2
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 deregulations.


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