Question 50
IndustrialisationInfant industries are
- A.baby clothing factories
- B.those which are introducing new products
- C.cases of arrested development
- D.industries temporarily protected by tariff barriers until mature enough to compete on world markets
- E.industries that are allowed to remain permanent cases of adolescence.
Show the answer and explanation
Answer: D (industries temporarily protected by tariff barriers until mature enough to compete on world markets)
Explanation
Infant industries are new local industries given temporary protection until they can compete with foreign producers.