WAEC - Economics (2014 - No. 43)
Which of the following measures will not encourage industrialization in West Africa?
Taking over of all forms of industries by the government
provision of social infrastructure
Giving tax incentives, especially to infant indudustries
Using tariffs to discourage the use of imported items
설명
Taking over of all forms of industries by the government will not aid the development of industries in a country or region on a wide scale as most government owned enterprises are monopolistic in nature and are mostly characterized by low performance and yield.