Final answer:
Economic nationalism aimed to reverse the colonial division of labor, use tax revenue for infrastructure, and reduce dependence on foreign ownership by nationalizing key industries.
Step-by-step explanation:
Economic nationalism was intended to reverse colonial division of labor and use taxes and revenue to finance infrastructural development such as railroads, electric utilities, and communication systems. It was seen as a way to enhance internal development by reducing dependence on foreign ownership and promoting the success of citizens within a nation. Nationalization of key industries was one method by which new governments, such as India under Nehru, attempted to foster independent economic self-reliance.
Answer: a. Reverse colonial division of labor and use taxes and revenue for finance infrastructural development