The principal benefit of the self-sufficiency approach is to promote
A) balanced growth of all economic sectors.
B) global competitiveness for local industries.
C) the maintenance of a large bureaucracy.
D) unequal distribution of resources.
E) international trade.

Question

Quizplus · Accepted Answer

The self-sufficiency approach aims to develop all economic sectors within a country rather than relying on a few export industries. This promotes balanced growth and reduces dependence on foreign imports, leading to greater economic stability and security.

The Principal Benefit of the Self-Sufficiency Approach Is to Promote