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Interpret the concept of 'liberalisation' in …

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Interpret the concept of 'liberalisation' in the field ot economic sphere during the nineteenth century in europe
  • 1 answers

Mridul Mahajan 5 years, 4 months ago

The term liberalization refers to the process in which a state removed all the restrictions on the private activities of the individual. Certain government regulations are relaxed and the ban on certain activities is lifted. Overall it refers to the reduction of the state involvement in the economy.
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