What was the main focus of economic development policies in developing countries after World War II?
Understand the Problem
The question is asking about the primary focus of economic development policies in developing countries after World War II. It presents multiple choice options that relate to investment, financial aid, exchange rates, and trade.
Answer
Accelerating investment in industrialization.
The final answer is accelerating investment in industrialization.
Answer for screen readers
The final answer is accelerating investment in industrialization.
More Information
After World War II, many developing countries focused on import substitution to promote industrialization by protecting domestic industries from international competition.
Tips
A common mistake is to confuse the general aid efforts with the specific policy of industrialization in developing nations.
Sources
- Development thought after World War II - Britannica - britannica.com
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