Explain the following the economic policies 1.Agricultural policy
2.Industrial policy
3.New economic policy
Answers
Answer:
Agricultural policy describes a set of laws relating to domestic agriculture and imports of foreign agricultural products. Governments usually implement agricultural policies with the goal of achieving a specific outcome in the domestic agricultural product markets.
industrial policy (IP) or industrial strategy of a country is its official strategic effort to encourage the development and growth of all or part of the economy, often focused on all or part of the manufacturing sector. ... Industrial policies are interventionist measures typical of mixed economy countries.
New Economic Policy (NEP) was an economic policy introduced by Lenin after the failed methods of War communism. These New Economic Policies were to revive the Russian economy. The new policy was a combination of private enterprise and state socialism. This is because the people did not believe in War Communism
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