When industrialization is inwardly oriented,local industries are promoted to satisfy the
A)Need to export.
B)Local population.
C)Requirements of multinational companies.
D)Domestic market and preserve foreign exchange.

Question

Quizplus · Accepted Answer

When industrialization is inwardly oriented, the focus is on developing industries that can cater to the needs of the domestic market. This is done to reduce dependence on imports and conserve foreign exchange. Therefore, the best choice is D - Domestic market and preserve foreign exchange.

When Industrialization Is Inwardly Oriented,local Industries Are Promoted to Satisfy