Question on: WAEC Economics - 2016
Indigenization policy is a measure aimed at
A
privating the existing business owned by the state
B
commercializing state owned businesses
C
reducing foreign economic domination
D
making the indegenes managing directors of businesses
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Correct Option: C
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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