To protect small-scale industry from large firms, the government

banned all large firms from the countryCorrect answerYour answerreserved some goods for small unitsCorrect answerYour answertaxed small units more heavily than large onesCorrect answerYour answermade small units sell only to the governmentCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

A list of goods could be made only by small units.
They also got concessions: lower excise duty and bank loans at lower rates of interest.

Concept: Protection of SSI
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsSmall-scale industry

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Ten questions from Industry & Trade, 1950–90, at your own pace.

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Ten questions from Industry & Trade, 1950–90, at your own pace.

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To protect small-scale industry from large firms, the government

Explanation