The process of ________ has resulted in sustained high levels of growth in the economy and helped make India an important world player.

Question

Quizplus · Accepted Answer

Liberalization, which refers to the opening up of the Indian economy to foreign investment and competition, has resulted in sustained high levels of growth in the economy and helped make India an important world player. Central planning, nationalization, and privatization have all played important roles in India's economic history, but it is the liberalization policies of the 1990s that have led to significant economic development in recent years.

The Process of ________ Has Resulted in Sustained High Levels