1.

Liberalization, privatization and globalization are the concepts of neo imperialism. Substantiate the statement.

Answer»
  • Globalization : Protects the interests of multinational companies. Connected nation’s econorific system with global economic system. Trans border flow of products, raw materials, capital, latest technology and human resources facilitated.
  • Liberalization : Adoption of liberal regulation to facilitate the import of multinational products and capital.
  • Privatization : Privatization of public sector institutions to promote private sector.


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