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Cheaper imports, inadequate investment in infrastructure lead to
- a)slowdown in agricultural sector
- b)replace the demand for domestic production
- c)slowdown in industrial sector
- d)all the above
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Cheaper imports, inadequate investment in infrastructure lead toa)slow...
Cheaper imports will lead to the fall in the demand of domestic goods because the imports are cheaper and people won't be willing to buy the domestic goods at a higher price. Inadequate investment in infrastructure means that the industries won't be able to compete with the imports of other countries and they won't be able to survive in the market. That would lead to the decrease in the demand produced in the industrial sector. So, that would slowdown the capacity of the industrial sector
Most Upvoted Answer
Cheaper imports, inadequate investment in infrastructure lead toa)slow...
The statement suggests that cheaper imports and inadequate investment in infrastructure have multiple negative impacts on the economy. Let's explore each impact in detail:
1. Slowdown in Agricultural Sector:
- Cheaper imports can make it difficult for domestic farmers to compete.
- This can lead to a decrease in demand for domestic production, causing a slowdown in the agricultural sector.
- Additionally, inadequate investment in infrastructure can make it difficult for farmers to transport and store their products, further contributing to the slowdown.
2. Replace the Demand for Domestic Production:
- Cheaper imports can also lead to a shift in demand towards imported products, replacing the demand for domestic production.
- This can impact multiple sectors of the economy, including agriculture and industry.
3. Slowdown in Industrial Sector:
- Inadequate investment in infrastructure can also impact the industrial sector.
- Without proper infrastructure, companies may struggle to transport and store their products, leading to delays and inefficiencies.
- Additionally, cheaper imports can make it difficult for domestic industries to compete, leading to a slowdown in the sector.
In conclusion, the combination of cheaper imports and inadequate investment in infrastructure can have a significant impact on the economy, leading to a slowdown in multiple sectors.
1. Slowdown in Agricultural Sector:
- Cheaper imports can make it difficult for domestic farmers to compete.
- This can lead to a decrease in demand for domestic production, causing a slowdown in the agricultural sector.
- Additionally, inadequate investment in infrastructure can make it difficult for farmers to transport and store their products, further contributing to the slowdown.
2. Replace the Demand for Domestic Production:
- Cheaper imports can also lead to a shift in demand towards imported products, replacing the demand for domestic production.
- This can impact multiple sectors of the economy, including agriculture and industry.
3. Slowdown in Industrial Sector:
- Inadequate investment in infrastructure can also impact the industrial sector.
- Without proper infrastructure, companies may struggle to transport and store their products, leading to delays and inefficiencies.
- Additionally, cheaper imports can make it difficult for domestic industries to compete, leading to a slowdown in the sector.
In conclusion, the combination of cheaper imports and inadequate investment in infrastructure can have a significant impact on the economy, leading to a slowdown in multiple sectors.
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Community Answer
Cheaper imports, inadequate investment in infrastructure lead toa)slow...
Option B is correct i think , how Agriculture will be impacted
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Cheaper imports, inadequate investment in infrastructure lead toa)slowdown in agricultural sectorb)replace the demand for domestic productionc)slowdown in industrial sectord)all the aboveCorrect answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Cheaper imports, inadequate investment in infrastructure lead toa)slowdown in agricultural sectorb)replace the demand for domestic productionc)slowdown in industrial sectord)all the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Cheaper imports, inadequate investment in infrastructure lead toa)slowdown in agricultural sectorb)replace the demand for domestic productionc)slowdown in industrial sectord)all the aboveCorrect answer is option 'D'. Can you explain this answer?.
Cheaper imports, inadequate investment in infrastructure lead toa)slowdown in agricultural sectorb)replace the demand for domestic productionc)slowdown in industrial sectord)all the aboveCorrect answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Cheaper imports, inadequate investment in infrastructure lead toa)slowdown in agricultural sectorb)replace the demand for domestic productionc)slowdown in industrial sectord)all the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Cheaper imports, inadequate investment in infrastructure lead toa)slowdown in agricultural sectorb)replace the demand for domestic productionc)slowdown in industrial sectord)all the aboveCorrect answer is option 'D'. Can you explain this answer?.
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