What Powerful Interests Supported ISI in Developing Countries

question 69

Multiple Choice

What powerful interests supported ISI in developing countries?

• A)Producers of primary products,like plantation owners,supported ISI because developed countries were no longer interested in their products.
• B)Former colonies faced significant pressure from colonial powers to pursue ISI.
• C)When foreign markets collapsed,pro-industrial groups,like urban business and the middle class,gained influence and supported ISI.
• D)The rural poor supported ISI because it provided opportunities to gain employment in urban manufacturing.

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Definitions:

Contractual System

A method of organization involving formal agreements between parties that specify the roles, responsibilities, and conditions of a business relationship.

Independent Retailer

An independent retailer is a business that is privately owned and operated, not part of a larger chain or franchise, offering a range of products or services to its customers.

Retail Ownership

The possession and control of a retail business, which involves selling goods directly to consumers.

Aeon

In various mythologies, a vast, indefinite period of time, often used to describe an age or era of the universe.