5.2 - Economic Factors
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Practice Questions
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What is liberalization?
💡 Hint: Think about how trade barriers affect economy.
What does privatization mean?
💡 Hint: Consider who runs a business—government or private owner.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What does globalization primarily impact?
💡 Hint: Consider how markets connect worldwide.
True or False: Liberalization involves increasing government restrictions.
💡 Hint: Think about the opposite of restricting trade.
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Challenge Problems
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Evaluate the long-term societal impacts of economic globalization on rural communities in India.
💡 Hint: Analyze both the growth and challenges faced in rural areas.
Propose a balanced approach to privatization that minimizes negative impacts on job security.
💡 Hint: Think of ways to support both efficiency and worker security.
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