Define Industrial Policy

question 44

Essay

Define industrial policy. What are the arguments for and against industrial policy in the United States? Based on these arguments, do you feel that the government should pursue an industrial policy? Explain your answer in detail.

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Definitions:

Influence Tactics

Strategies or methods used to persuade or motivate others to achieve a certain goal or follow a particular direction.

Rational Persuasion

A tactic in influencing others by using logical arguments and factual evidence to convince them of a point of view.

Coalition Builders

Individuals or organizations that work to bring together diverse groups for a common cause or to achieve a specific goal.

Organizational Member

An individual who belongs to and contributes to a group or organization, adopting its goals and participating in its activities.