In what has come to be called the East Asian model of development,economic development is conceptualized as a series of distinct stages.In the second stage,
A) industrial policy promotes capital-intensive heavy industry.
B) industrial policy promotes labor-intensive light industry.
C) industrial policy promotes capital-intensive light industry.
D) industrial policy promotes high tech consumer durables and industrial machinery.
E) industrial policy promotes computers, robotics, and biotechnology.

Question

Quizplus · Accepted Answer

In the second stage of the East Asian model of development, industrial policy typically focuses on promoting capital-intensive heavy industry to build a strong industrial base.

In What Has Come to Be Called the East Asian