Advertisements
Advertisements
Question
The approach in which the public sector controls key industries critical to the economy is referred to as:
Options
Product reservation
Licensing system
Commanding heights of the economy
Regional development
MCQ
Advertisements
Solution
The approach is referred to as 'commanding heights of the economy', meaning the public sector would control key industries critical to the economy. This ensured that strategically important industries remained under government dominance.
shaalaa.com
Is there an error in this question or solution?
