Which of the Following Is the Prime Objective of an Industrial

question 79

Multiple Choice

Which of the following is the prime objective of an industrial policy for any country?

• A) to secure a leading global role for selected domestic industries
• B) to promote and encourage the import of goods and services
• C) to secure the interests of migrant workers
• D) to encourage specialization of labor
• E) to ensure a high level of competition for domestic firms

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Definitions:

Gilded Age

A term referring to the late 19th century in the United States, characterized by rapid economic growth, technological innovation, and stark social inequalities.

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The process through which citizens vote to choose their political leaders or decide on issues of governance.

Part Loyalty

Part Loyalty refers to the allegiance or loyalty an individual or group holds towards a particular political party, often influencing voting behaviors and political perspectives.

Democrats

A political party in the United States known for its liberal stances on social and economic issues.