5. How did the creation of special economic
zones help in industrial growth?
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SEZs are usually created in order to facilitate rapid economic growth in certain geographic regions. This economic growth is accomplished by leveraging tax incentives as a way of attracting foreign dollars and technological advancement. ... The first SEZs appeared in the late 1950s in industrialized countries.
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SEZs are usually created in order to facilitate rapid economic growth in certain geographic regions. This economic growth is accomplished by leveraging tax incentives as a way of attracting foreign dollars and technological advancement. ... The first SEZs appeared in the late 1950s in industrialized countries.
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