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jolli1 [7]
3 years ago
5

Mention the changes which were introduced in India during liberalization of trade.

Social Studies
1 answer:
Iteru [2.4K]3 years ago
6 0

Answer:

Specific changes included reducing import tariffs, deregulating markets, and reducing taxes, which led to an increase in foreign investment and high economic growth in the 1990s and 2000s. From 1992 to 2005, foreign investment increased 316.9%, and India's gross domestic product (GDP) grew from $266 billion in 1991 to $2.3 trillion in 2018[4][5] According to one study, wages rose on the whole, as well as wages as the labor-to-capital relative share.

Explanation:

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<h3 /><h3>Internal Locus of control</h3>

Having Internal locus of control is the ability of people to assume a personal responsibility about what happens to them. When faced with a success or failure they tend to award themselves praise for the former and  blame for the latter.

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2 years ago
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