Login

Difference between liberalization and globalization in detail?

LIberalization:-

it is removal of trade barriers

GLOBALAIZATION:-

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

  • -2
View Full Answer

Thanks dude

  • -1

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. 

  • 0

Thanks :-)

  • -2
What are you looking for?