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Gabi Desires from ATOMIC ENERGY CENTRAL SCHOOL NO 3 , asked a question
Subject: Social Science , asked on 22/3/12

Difference between liberalization and globalization in detail?

tdharma , added an answer
Answered on 22/3/12

LIberalization:-

it is removal of trade barriers

GLOBALAIZATION:-

it is the interlinking of economy one country with economy of other country

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Gabi Desires , From Atomic Energy Central School No 3 , added an answer
Answered on 22/3/12

Thanks dude

Usman Khan , From International Indian School , added an answer
Answered on 22/3/12

Globalisation refers to the unification and integration of the (indian) domestic economy with the world economy by interaction and interdependence,whereas libralisation means reducing the government interferene in economic activities and encouraging privatisation. 

Gabi Desires , From Atomic Energy Central School No 3 , added an answer
Answered on 22/3/12

Thanks :-)

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