What Is an Effect of Inward-Oriented Policies

question 64

Multiple Choice

What is an effect of inward-oriented policies?

• A) They impede growth because they restrict investment.
• B) They have generally increased productivity and growth in the countries that pursued them.
• C) They promote production of goods and services; the country that adopts them can produce most efficiently.
• D) They are likely to create more jobs for domestic workers.

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Definitions:

Transfer Payments

Payments made by the government to individuals without any expectation of a good or service in return, such as welfare or social security benefits.

Quality Education

An education that provides learners with the knowledge, skills, values, and attitudes necessary to lead productive lives and positively contribute to society.

Heterogeneous Population

A diverse group of individuals differing in various attributes such as age, gender, ethnicity, or socioeconomic status.

Alcoholism

A chronic disease characterized by uncontrolled drinking and a preoccupation with alcohol.