Which of the Following Groups Were Hurt by Import Substitution

question 23

Multiple Choice

Which of the following groups were hurt by import substitution industrialization?

• A) The urban poor
• B) Peasant farmers
• C) Workers in the informal sector of the economy
• D) Foreign competition
• E) All of the above groups were hurt by import substitution industrialization.

---

Definitions:

Market Orientation

A business approach that prioritizes identifying and meeting the needs and desires of customers through product innovation and customer satisfaction.

Customer Relationship

The interactions and bond between a business and its customers, focusing on long-term engagement and satisfaction.

Service Orientation

A business approach that prioritizes customer satisfaction and delivers quality service as a fundamental value and goal.

Societal Marketing Concept

A marketing approach that considers not only the demands of consumers but also the interests of society as a whole by focusing on sustainability and ethical practices.