Concerning industrial policy, the United States has nationalized its major industries in an attempt to promote global champions.

Question

Quizplus · Accepted Answer

The statement is false. The United States has not nationalized its major industries. Rather, it promotes competition and free enterprise, with the government providing support and incentives for specific industries through policies and programs such as tax breaks, research grants, and trade agreements.

Concerning Industrial Policy, the United States Has Nationalized Its Major