what is Red tapism in economics
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"Red tape is an idiom that refers to excessive regulation or rigid conformity to formal rules that is considered redundant or bureaucratic and hinders or prevents action or decision-making. It is usually applied to governments, corporations, and other large organizations.
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hey mate here is ur answer.!
red tape is an idiom that refer to excessive regulation or rigid conformity to formal rule that is considered redundant or bureaucratic and hinder or prevent action or decision making .it is usually applied to goverment, corporation and other large organization
to make it understand u should know why red Tapism is known as red tap .
it is so because excessive bureaucratic rigmarole ,1736 in reference to the red tape firmaly used in great britain and the American colonies for binding up legal and other official document.
hope it helps .☺☺
mark it as brainliest answer if u like my answer.
red tape is an idiom that refer to excessive regulation or rigid conformity to formal rule that is considered redundant or bureaucratic and hinder or prevent action or decision making .it is usually applied to goverment, corporation and other large organization
to make it understand u should know why red Tapism is known as red tap .
it is so because excessive bureaucratic rigmarole ,1736 in reference to the red tape firmaly used in great britain and the American colonies for binding up legal and other official document.
hope it helps .☺☺
mark it as brainliest answer if u like my answer.
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