Classify the characteristics of economic development in South Asia as either elements of self-sufficiency following independence or elements of later economic reforms. Elements of self-sufficiency privatization of industries lack of investment in agriculture policies to boost employment high-priced exports Answer Bank "spin-off" industries robust IT and manufacturing industries Elements of economic reforms production not driven by consumer demand relaxation of tariffs on imports government-owned industries strong economic growth
Classify the characteristics of economic development in South Asia as either elements of self-sufficiency following independence or elements of later economic reforms. Elements of self-sufficiency privatization of industries lack of investment in agriculture policies to boost employment high-priced exports Answer Bank "spin-off" industries robust IT and manufacturing industries Elements of economic reforms production not driven by consumer demand relaxation of tariffs on imports government-owned industries strong economic growth
Chapter1: Making Economics Decisions
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Transcribed Image Text:Classify the characteristics of economic development in South Asia as either elements of self-sufficiency following
independence or elements of later economic reforms.
Elements of self-sufficiency
privatization of industries.
lack of investment in agriculture
policies to boost employment
high-priced exports
Answer Bank
"spin-off" industries
robust IT and manufacturing industries
Elements of economic reforms
production not driven by consumer demand
relaxation of tariffs on imports
government-owned industries.
strong economic growth
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