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WAEC Economics 2014 Question 48

Question 48

Industrialisation

Which of the following measures will not encourage industrialization in West Africa?

  1. A.Taking over of all forms of industries by the government
  2. B.Provision of social infrastructure
  3. C.Giving tax incentives, especially to infant industries
  4. D.Using tariffs to discourage the use of imported items.
Show the answer and explanation

Answer: A (Taking over of all forms of industries by the government)

Explanation

A government takeover of all industries discourages private investment; the others encourage industry.