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What do the terms LIBERALISATION and …

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What do the terms LIBERALISATION and GLOBALISATION mean?

Posted by Yogesh Gupta 7 years, 1 month ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 7 years, 1 month ago

Liberalization of economy means to free it from direct or physical control imposed by the government.
Integrating our economy with world economy is called globalization. Reduction in economic gap between different nations is done by removing all restrictions between nations on the movement of goods, services, capital, technology and labour.

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