Multiple choice

_______ refers to relaxation from previous government restrictions in economy.

  1. Globalisation

  2. Privatisation

  3. Liberalisation

  4. Disinvestment

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Liberalisation aims at removing the restrictions from the various economic sectors. Privatisation encourages the role of private sector to public sector. Globalisation refers to integrating nation's economy with world's economy.