हिंदी

Study the following image carefully: Identify, the practice that has successfully replaced foreign goods with domestic production. - Economics

Advertisements
Advertisements

प्रश्न

Study the following image carefully:

Identify the practice that has successfully replaced foreign goods with domestic production.

विकल्प

  • Export Promotion

  • Export Substitution

  • Import Proliferation

  • Import Substitution 

MCQ

उत्तर

Import Substitution

Explanation:

A commercial and economic strategy known as import substitution promotes using domestically produced items in place of imports. By creating alternatives to imported goods, this technique seeks to strengthen local industries and reduce dependence on imports. The picture illustrates how the automotive sector is changing, moving away from cars made abroad and towards ones made domestically, which is consistent with the idea of import substitution.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2024-2025 (February) 58/1/3
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×