The Import Substitution Type of Industrialization Has the Purpose of Importing

question 302

True/False

The import substitution type of industrialization has the purpose of importing goods to prevent the high costs of local production.

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Definitions:

Federal Government

The national level of government, which has powers over matters that transcend individual states, territories, or provinces, as established by a constitution.

Democratic System

A form of government where power is vested in the hands of the people, either directly or through elected representatives, and where free and fair elections are conducted.

Interest Groups

Organizations or groups of people who advocate for their shared interests and try to influence public policy.

Influence Public Policy

The process by which individuals, groups, or organizations attempt to affect the development, enactment, and implementation of governmental policies.