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What is Meant by 'Liberalisation'? - CBSE (Commerce) Class 12 - Business Studies

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ConceptImpact of Government Policy Changes on Business with Special Reference to Liberalization, Privatization and Globalization in India

Question

What is meant by 'liberalisation'?

Solution

Liberalisation refers to reduced government controls and restrictions such as licences and quotas.

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Solution What is Meant by 'Liberalisation'? Concept: Impact of Government Policy Changes on Business with Special Reference to Liberalization, Privatization and Globalization in India.
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