1. Explain the difference between privatization and globalization.

Dear student,

Privatisation means transfer of ownership of public sector from the government to the private sector. It helps to remove managerial inefficiency of public sector.
Globalisation is a process of integration of an economy with the economies of the world. It increases interdependence between different countries.


  • -3
Private sector is reducing the role pf public sector. Nd on ther other hand goblasiaton is refer to integration of various economis of world
  • 4
What are you looking for?