Question

What Is the Impact of Liberalisation Privatisation and Globalisation on Business?

Answer 1

The impact of LPG (Liberalisation, Privatisation and Globalisation) on business is as follows:

1. Increase in foreign direct investment
2. Growth of GDP
3. Increase in employment
4. Reduction in industrial recession
5. Rise in exports
6. Development of Infrastructure

Also see:

• MCQs on Liberalisation
• MCQs on Globalisation
• Advantages of Globalisation
• Objectives of Privatisation