Which of the Following Statements About the Development of India's

question 4

Multiple Choice

Which of the following statements about the development of India's economy is accurate?

• A)Efforts to transition from import substitution industrialization and toward social-democratic policies began in the 1980s and came into full swing in the 1990s.
• B)The total number of poor Indians continued to increase through the first decade of the current century.
• C)The stamping out of corruption and protectionism as barriers to economic growth is one of the major successes of the 1990s reform effort.
• D)China's faster economic growth is credited in part to slower population growth than that of India, as well as to better education.
• E)The license raj has only acquired more complexity and red tape in recent years, and will soon force the Indian National Congress to address a reform effort.

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Definitions:

Taft-Hartley Act

A U.S. federal law that restricts the activities and power of labor unions.

Labor-Management Relations Act

A statute that regulates the relations between employers and organized labor, including collective bargaining, strikes, and the rights of union members.

Collective Bargaining

A process of negotiation between employers and a group of employees aimed at reaching agreements to regulate working conditions.

National Labor Relations Board

An independent U.S. federal agency established to enforce US labor law in relation to collective bargaining and unfair labor practices.