What Is Liberalisation With Example?

Open in App

Solution

Liberalisation is the process of relaxation of trade rules and regulations of a country by the government which paves the way for economic growth and development. Example: Economic liberalisation in India during 1991.

Also see:

MCQs on Liberalisation

MCQs on Globalisation

Advantages of Globalisation

Objectives of Privatisation

Suggest Corrections

Similar questions

what does liberalisation involve?

what is meant by liberalisation, globalisation and foriegn district investment ?

Join BYJU'S Learning Program