Every Form of State Intervention That Affects Industry as a Distinct

question 1

Multiple Choice

Every form of state intervention that affects industry as a distinct part of the economy is called

• A) internationalization.
• B) globalization.
• C) industrial policy.
• D) privatization.

---

Definitions:

Ethical Reasoning

The process of applying ethical principles to make decisions that are morally right and just.

Costly Litigation

Legal actions that incur high expenses, often involving complex disputes or extensive legal processes.

Expected Results

The anticipated outcomes or effects that are predicted based on specific actions, processes, or strategies.

Availability Heuristic

A cognitive bias in which people overestimate the importance or probability of something based on how readily it comes to mind.