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Why would we need government intervention during a time like industrialization?

User Bouzid Zitouni
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1 Answer

14 votes
14 votes

Answer:

The government's assistance can encour- age private industrialists to undertake new projects by reducing the risk they face. Thus, the diversification of the industrial structure with governmental assistance enables the learning process to continue without being subject to diminishing returns.

User Gunnar Bernstein
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