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What is an example of an infant industries example and how do they benefit from government protection and support?

An example of an infant industry is the electric vehicle industry. These industries benefit from government protection and support through policies such as subsidies, tax incentives, and research funding. This helps them overcome initial challenges and compete with more established industries.


What are policies that support labor environmental or social standards in the production of goods called?

"fair trade" policies


What is Liberalisation?

Liberalization is a political trend in which classical liberal policies are adopted, such policies are privatization of public industries. Conservatives and American Libertarians tend to support Economic Liberalization, while Modern Liberals tend to support the opposite: Nationalization of industries.


Did Laissez Faire advocate support high tariff?

Laissez-faire advocates generally oppose high tariffs as they favor minimal government intervention in the economy, including trade. High tariffs are seen as a form of government interference that disrupts free trade and market competition. Instead, laissez-faire proponents typically support free trade policies that allow for the unimpeded flow of goods and services across borders.


Why is Government intervention useful in a modern economy?

Government intervention is useful in a modern economy as it helps to correct market failures, ensure equitable distribution of resources, and promote economic stability. By regulating monopolies and providing public goods, the government can foster competition and innovation. Additionally, interventions such as fiscal and monetary policies can mitigate the effects of economic downturns and stabilize markets. Overall, government action can enhance social welfare and support sustainable growth.

Related Questions

Why was a shift in western strategy in china after the boxer rebellion was to?

The West attempted to gain the support of the Chinese government for their policies. They needed to improve relations so another rebellion didn't happen.gain the support of the Chinese government for their policies APEX:)


Those who favor supply-side policies would tend to support the government playing?

Those who favor supply side policies are supporting that the government plays a reduced role in the economy. They are not supporting a government that has a role in the stock exchange.


People who feel the same about how the government should be run and who support certain policies can join a?

political party


A shift Western strategy in china after the Boxer Rebellion was to?

gain support of the chinese government for their policies-apex


In a parliamentary form of government form of government how can the prime minister determine if members support his or her policies?

by asking for a vote of confidenceBy asking for a vote of confidence


People who feel the same about how the government should be ran and who support certain policies can join a what?

Political Party (NovaNet)


What led hamilton to promote the fiscal policies of funding and assumption?

the need to gain support of wealthy groups for the federal government


What procedures are in place to protect and support vulnerable individuals?

policies at place employment,government guidelines ,,cqc,,local safeguards


What is the definition of expansive population policies?

Expansive population policies refer to government strategies aimed at increasing population growth within a country. These policies may include incentives for having more children, increased support for families, and initiatives to promote higher fertility rates.


People who feel the same about how the government should be run and who support certain policies can join a what?

political party Jerrica Loves Brandon Porter


Why were protest effective in changing civil rights policies?

because these demonstrations make the government realize what people want for them and also there is popular media support


He stated that he did not want to pay taxes because he could not support certain policies of the U.S. government. These included?

Slavery and participation in the Mexican-American War.