The advantages are that it allows more opportunities for businesses. Disadvantages are that the businesses are not properly regulated.
what are the advantages and disadvantages io liberalization
advantage is its fpree. Disadvantage is that its not fpree.
One of the key disadvantages of a market economy is that it is unpredictable. Many events can cause shocks in a market economy. For instance, a natural disaster or war can cause volatility in the market. A lack of stability is the key feature of the market economy.
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One advantage of the market is that you can get what you need but cannot produce. One disadvantage is that it may not always come cheap.
what are the advantages and disadvantages io liberalization
advantage is its fpree. Disadvantage is that its not fpree.
One of the key disadvantages of a market economy is that it is unpredictable. Many events can cause shocks in a market economy. For instance, a natural disaster or war can cause volatility in the market. A lack of stability is the key feature of the market economy.
The liberalization policy in India began in 1991, with the goal of goal of making the economy more market-oriented. The policy also was designed to promote private and foreign investments. The economy has shown steady growth since India started the liberalization policy.
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One advantage of the market is that you can get what you need but cannot produce. One disadvantage is that it may not always come cheap.
Financial Liberalization refers to deregulation of domestic financial market and liberalization of the capital account.
shopping mall advantage: people don't have to rome about in the market to find the shop. all the shops are in there!!
An advantage to market penetration is the fact that a business will increase their revenues. A disadvantage is the fact that they are essentially remaining in a regional area.
A free enterprise economy is also known as capitalism. There are many advantages to capitalism because capitalism benefits everyone. Capitalism gives everyone the freedom to choose their own jobs and products without government intervention. However, a disadvantage is that companies tend to cut corners risking employees health and safety.
The economic system at present prevalent in India is quasi market oriented. In was in 1992 that reforms in Indian economy were initiated by the then Finance Minister Dr. Manmohan Singh. After 20 years as of now, the Indian economy has been opened partially to foreign investors, though vital sectors like Retail market, insurance, bank need liberalization which cannot be implemented due to opposition from allies of the UPA Government. Even the US President Barrack Obama insisted on more liberalization of Indian economy.
Globalization can be defined in one way as saying it makes it easier for capital, people, and ideas to travel across the globe. Globalization in India will help to boost the Indian economy up. It will be able to make multiculturism.