Economics WAEC

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

A. Taking over all forms of industries by the government
B. provision of social infrastructure
C. Giving tax incentives, especially to infant industries
D. Using tariffs to discourage the use of imported items

Correct Answer: Option A

A. Taking over all forms of industries by the government

Explanation

Taking over 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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