Which of the following measures will not encour... - WAEC Economics 2014 Question
Which of the following measures will not encourage industrialization in West Africa?
A
Taking over of all forms of industries by the government
B
provision of social infrastructure
C
Giving tax incentives, especially to infant indudustries
D
Using tariffs to discourage the use of imported items
correct option: a
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.
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