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The disadvantages of industrial policy are that it creates industries that are inefficient and causes unemployment increases internationally.
The following were some of the shortfalls of the industrial policy pursued by the British colonial administration: 1) The decline of the indigenous handicraft industries. 2) Slow progress of modern industries. 3) Absence of capital goods industries. 4) The contribution of the industrial sector to the G.D.P. remained very small.
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The need for overseas markets for increased industrial and agricultural production
the industrial revolution for most industrialized nations brought a time period of foreign policy that was expansionist. this meat many countries sought to expand territory in search for resources to fuel the revolution such as coal and iron
Mordecai Joseph Brill Ezekiel has written: 'Jobs for all through industrial expansion' -- subject(s): Industrial policy, Economic policy, Industrial organization '2500 dollars a year' -- subject(s): Industrial policy, Economic policy, Industrial organization
industrial policyof 1948 was the 1st industrial policy of independent India.The first industrial policy in India was introduced bybritish in 1923.
Elliot Schwartz has written: 'The industrial policy debate' -- subject(s): Industrial policy, Industrial productivity, Industries
The disadvantages of industrial policy are that it creates industries that are inefficient and causes unemployment increases internationally.
what are the nagative and positive of Nigeria policy
Frederick Wolff Ogilvie has written: 'Industrial conflict' -- subject(s): Economic policy, Industrial organization, Industrial policy
Bai Gao has written: 'Economic Ideology and Japanese Industrial Policy' -- subject(s): Economic conditions, Economic policy, Industrial policy
Nigeria has made little progress in industrial policy since 1960. Instead, the existing policies are saturated by failures and downsides. Furthermore, industrial policy has been little implemented since 1960 as there is no enforcement or punishment.
Tim Goydke has written: 'Industrial policy in East Asia' -- subject(s): Industrial policy, Globalization
The first industrial policy in India was announced by the Government of India in 1948. This policy aimed to lay the foundation for industrial growth in the country and emphasized the importance of developing key industries to boost economic development.
Daniel A. Littman has written: 'Historical precedents for coordinated industrial policy' -- subject(s): Bibliography, Industrial policy
J. A. Sinden has written: 'Unpriced values' -- subject(s): Decision making, Environmental policy, Externalities (Economics), Valuation, Value