India Needs More Imports of Raw Materials Such as Textiles

question 125

Multiple Choice

India needs more imports of raw materials such as textiles, steel, and heavy machinery and fewer imports of finished textiles, paper products, and automobiles. In the context of industrial structures, India is most likely a(n) ________ economy.

• A) subsistence
• B) totalitarian
• C) raw material exporting
• D) agrarian
• E) industrializing

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Definitions:

Organic

Refers to structures and processes in organizations that are flexible and adaptable, often contrasted with more hierarchical and rigid structures.

Ambidexterity

The ability to be equally proficient in using both the right and left hands, or the capacity of an organization to innovate while also maintaining efficiency in existing operations.

Innovation

The process of creating new ideas, products, or methods, which improve upon the existing standards and contribute to progress.

Survival

The act of continuing to live or exist, often despite hardship or danger.