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What is liberalisation

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What is liberalisation

Posted by Ankit Garg 8 years ago

CBSE > Class 10 > Social Science

1 answers

Amar Kumar 8 years ago

Economic liberalization is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities; the doctrine is associated with classical liberalism.

Liberalization (or liberalisation) refers to a relaxation of government restrictions, usually in such areas of social, political and economic policy.

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