The government has to establish basic industries because the private sector does not make huge investments in such industries to avoid

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Solution

The correct option is B
Risk

The government can participate in the process of industrialisation in the underdeveloped economies by establishing basic industries which are not undertaken by private investors to avoid risk. For example, Steel industry, heavy chemical industries etc.

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The government has to establish basic industries because the private sector does not make huge investments in such industries to avoid

The correct option is B Risk The government can participate in the process of industrialisation in the underdeveloped economies by establishing basic industries which are not undertaken by private investors to avoid risk. For example, Steel industry, heavy chemical industries etc.

The correct option is B
Risk

The government can participate in the process of industrialisation in the underdeveloped economies by establishing basic industries which are not undertaken by private investors to avoid risk. For example, Steel industry, heavy chemical industries etc.