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He's also committed to industrial policy to promote American tech manufacturing, but Trump's preferred solution—as seems to almost always be the case—involves tariffs.
The ‘money doctor’ says America is turning European under Biden’s industrial policy. ‘The Biden agenda could be sporting a beret’
A country's infrastructure (including transportation, telecommunications and energy industry) is a major enabler of industrial policy. [6] Industrial policies are interventionist measures typical of mixed economy countries. Many types of industrial policies contain common elements with other types of interventionist practices such as trade ...
Biden also said he was concerned about "the potential rise of a tech industrial complex" that could pose real dangers for the US, citing a "concentration of technology, power, and wealth."
Import substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production. [1] It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products.
According to a 1969 study, no major labor organization in American history has ever openly advocated violence as a policy, although some, in the early part of the 20th century, systematically used violence, most notably the Western Federation of Miners, and the International Association of Bridge Structural Iron Workers. [1]
Good morning. If generative AI was the top business story of 2023, the buoyant American economy has to rank as No. 2. GDP grew at a stunning 5.2% in the third quarter, and while it likely slowed ...
It was a nationwide problem that spanned nearly all industries and helped contribute to modern business conditions still seen today. Possible causes include the failure to account for the negative externality of reproduction in the face of finite natural resources which results in over-supply of labor and falling living standards for wage ...