Policies and Economic Liberalization
Lily Lee
6 min read
Study Guide Overview
This study guide covers economic liberalization, a key aspect of Neoliberalism, focusing on reduced government control. It explores free market mechanisms (subsidies, tariffs), privatization, and FDI. It examines measuring economic systems through GDP, HDI, and inequality (Gini Coefficient). Finally, it analyzes the impacts of liberalization, including potential corruption, political tensions, and environmental concerns (urban sprawl).
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Question 1 of 10
Which of the following best defines economic liberalization? 🤔
Increased government control over the economy
A system of strict price controls
Reduced government intervention and increased market freedom
Nationalization of key industries