Question

what what is liberalisation

Answer 1

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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.

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Answer 2

Relaxation of previous government restrictions, usually in such areas of social, political and economic policy is termed as Liberalization