CSS :: Economic Growth and Development
|
|
|
|
|
|
A strategy of heavy industry is sometimes preferred for a developing economy because it can:
|
[A]. |
Generate employment opportunities on a large scale | [B]. |
Provide a strong base for rapid industrialisation
|
[C]. |
Contain inflationary pressures | [D]. |
Meet deficits in balance of payments in the short-run |
|
|
|
|