Nitya: brief entry about liberalization n globalization.
* Gener each(prenominal)y speaking, Liberalization manner the loosening (or eliminating) of government controls or restrictions on given activities. The sour of making policies less constraining of frugal activity. 2. Reduction of tariffs and/or removal of nontariff barriers.
* Globalization in a literal wizard is international integration. It can be described as a exercise by which the stack of the world are interconnected into a single society. This process is a combination of economic, technological, socio ethnic and political forces.
Here v have 6 card from various field. 1stly, miss ten can u shortly beg off what is the real meaning of globalization?
Ten: Kamus dewan defined globalization as the phenomenon that makes the world smaller in equipment casualty of human relationships due to changing information technology. Globalization in any case can be defined as a process that aims to expand business operations on a universal level or economic exchange of goods and services internationally and international financial run aways.
Nitya: Ok..HIBBA can you give some font to explain globalization?
Hibba: yes, Western scholars defined globalization as a broad and infinity living process which covers all aspect living such as politic, social and economic which can be felt by all people in the world. For example, McDonald is everywhere around us no national you are in Malaysia, Thailand or other countries, you can rally McDonald in everywhere around you, this is globalization.
Nitya: MOLY can u explain about the meaning of liberalization?
Moly: create an environment of superfluous from bureaucratic control for the large private corporate sectors
-the removal of or reduction in the trade practices that free flow of good & services from one nation to other includes dismantling of tariff (example of tariff that our government provide)
Nitya : how abt u SUGU?
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