Which of the following measures will not encourage industrialization in West Africa?
Answer Details
Taking over of all forms of industries by the government will not encourage industrialization in West Africa.
When the government takes over all forms of industries, it may not have the required expertise, resources, and motivation to run them effectively. This may lead to inefficiencies and lack of competitiveness, which are not favorable for industrialization. Also, government control of industries can discourage private investment, which is essential for industrialization.
On the other hand, providing social infrastructure such as good roads, stable power supply, and water supply can create a conducive environment for industrialization. Tax incentives can encourage entrepreneurs to invest in industries, and tariffs can protect infant industries from foreign competition, allowing them to grow and become competitive.