A Proactive Economic Development Plan Initiated by the Government, Often

question 27

Multiple Choice

A proactive economic development plan initiated by the government, often in collaboration with the private sector, that aims to develop or support particular industries within the country is referred to as ________.

• A) national endowment policy
• B) national fiscal policy
• C) national industrial policy
• D) policy on national industrial relations

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Definitions:

Additional Resources

Refers to extra assets or inputs available that can be used to enhance the production or efficiency of something.

Investment

Allocating resources, usually money, with the expectation of generating an income or profit.

Capital

Assets or money owned by an individual or organization, or funds available for specific purposes like establishing a company or investment.

Stocks

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.