Critics argue that U.S.industrial policy:
A)currently focuses only on developing the airlines industry.
B)discourages spending on basic research in universities.
C)should shift from a military to a civilian focus.
D)gives foreign industries an advantage over domestic producers.
E)provides too much protection to domestic industries.

Question

Quizplus · Accepted Answer

Critics argue that U.S. industrial policy should shift from a military to a civilian focus. This is because the current policy heavily emphasizes defense-related industries, which can crowd out investment in emerging industries with civilian applications. A shift towards a civilian focus could help spur innovation and economic growth in non-defense sectors.

Critics Argue That U.S.industrial Policy