Economics · Industrialization and Growth
Which of the following measures is generally considered most effective for a country to sustainably promote industrialization and long-term economic growth?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1By limiting domestic access to global resources and technology.
- 2By providing target-oriented incentives and subsidies to encourage investment and innovation.✓
- 3By discouraging foreign investment to protect domestic industries.
- 4By exclusively supporting large multinational corporations.
Correct answer
By providing target-oriented incentives and subsidies to encourage investment and innovation.
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