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2 cards from this section. Quick, good the night before a test.
What is liberalisation?
Think about how it changes economic activities.
Name one major change in the trade policy after liberalisation.
What controls were reduced?
What year did India introduce economic liberalisation?
Think about the major turning point for India's economy.
True or False: Liberalisation aimed to increase government control over the economy.
Consider what liberalisation means for government regulations.
Analyze the impact of liberalisation on the Indian agricultural sector. Provide examples that illustrate both positive and negative effects.
Consider what happens when international markets influence local farmers.
Critically evaluate the role of FDI in India's economic growth post-liberalisation. Are there any sectors where FDI has positively or negatively impacted local industries?
Think about how FDI can both benefit and challenge local industries.
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