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WAEC - Economics (2016 - No. 22)

Indigenization policy is a measure aimed at
privating the existing business owned by the state
commercializing state owned businesses
reducing foreign economic domination
making the indegenes managing directors of businesses

Giải thích

Indigenization policy is a deliberate government policy aimed at replacing foreign investors and personnel in certain industries with indigenes or the natives of a country that is, excluding foreign participation in certain productive activities.

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