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5 cards from this section. Quick, good the night before a test.
Define economic liberalization.
What happens to government control during liberalization?
What is a state-controlled economy?
Think about who owns and controls businesses in this system.
What does economic liberalization primarily involve?
Think about the opposite of control.
True or False: The 1980s were characterized by complete economic freedom in India.
What was the primary system governing the economy at that time?
Analyze the factors that led to the shift from state-controlled policies to more liberalized economic approaches in India during the late 1980s.
What external influences might have played a role?
Evaluate the implications of the economic policies of the 1980s on social structures in India.
How did economic disparities affect social peace?
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