Question

What is the chief characteristics of liberalisation

Answer 1

Answer:

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Explanation:

Characteristics of Liberalization:

The characteristics of Liberalization contain some strong benefits that help in the growth of companies. Firstly,it encourages economic growth of private sector companies.Also,it simplifies the regulation,policy,and tax structure. Liberalization facilitates Foreign Direct Investment,which also forces public sector companies to restructure themselves for efficiency.In addition,it provides motivation for export and allows more imports of capital goods and technology. Besides,it moves away from the protection of small scale industries.

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Answer 2

Answer:

Firstly, it encourages economic growth of private sector companies. Also, it simplifies the regulation, policy, and tax structure. Liberalization facilitates Foreign Direct Investment, which also forces public sector companies to restructure themselves for efficiency.

Explanation:

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