Class 11 Economics Chapter 3 Liberalisation, Privatisation and Globalisation : An Appraisal Solution

Class 11 Economics Chapter 3 Liberalisation, Privatisation and Globalisation : An Appraisal Solution

Chapter 3 of Class 11 Economics focuses on the concepts of liberalisation, privatisation, and globalisation, and provides an appraisal of their impact on the Indian economy.

The chapter begins by explaining the meaning and significance of liberalisation, which involves reducing government regulations and barriers to trade and investment. It discusses the economic reforms initiated in India in the 1990s to liberalise various sectors and promote economic growth.