Which of the following measures will not encourage industrialization in West Africa?
-
Taking over of all forms of industries by the government
- provision of social infrastructure
- Giving tax incentives, especially to infant indudustries
- Using tariffs to discourage the use of imported items
The correct answer is: A
Explanation
Taking over of 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.