what is liberalisation
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Meghna Thapar 5 years ago
Liberalization refers to laws or rules being liberalized, or relaxed, by a government. ... Liberalization came to the English language in 1835, from the word liberal. Literally translated, it means the act of making more liberal, or freer. Economic liberalization refers to the reduction or elimination of government regulations or restrictions on private business and trade. For example, the European Union has liberalized gas and electricity markets, instituting a competitive system.
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