Because it has not been around long enough to establish itself, the Russian automobile industry could be classified as a(n)
A) hopeless industry.
B) soft industry.
C) infant industry.
D) protected industry.
E) toddler industry.

Question

Quizplus · Accepted Answer

The term "infant industry" refers to an industry that is in its early stages of development and has not yet established itself as a major player in the market. As the Russian automobile industry is relatively new and still developing, it can be classified as an infant industry.

Because It Has Not Been Around Long Enough to Establish