Knowledge

What is privatisation?

Privatisation connotes a wide range of ideas. In generic terms it refers to the process of transfer of ownership from...

What is liberalization?

In simple words, liberalisation refers to a relaxation of government restrictions in the areas of social, political and economic policies....

What is industrialization?

Industrialization is a process that transforms agrarian societies into industrial. The process also involves extensive use of machinery and labour...

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