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Nicole White
on Nov 05, 2024

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Policies designed to promote import substitution often encouraged labor-intensive production methods, which encouraged the creation of jobs.

Import Substitution

A policy aimed at encouraging domestic production of goods that were previously imported.

Labor-intensive Production

A production process that relies more heavily on human labor than on technology or machinery, often characteristic of industries that require skilled workers.

  • Evaluate the impact of government policies on economic development and growth.
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JL
Jennifer LopezNov 07, 2024
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