What is state-led development? Why do countries adopt this approach for economic development?

What will be an ideal response?

State-led development is a strategy to promote economic growth that includes such policies as government coordination of private sector investment, forced savings, and preferential treatment to certain industries regarded as essential for national economic development.
This path is taken by poor countries that seek to develop their economies as rapidly as possible. State?led development strategies are less concerned than social democracy with questions of inequality and redistribution—for example, Japan, South Korea, and China do not have particularly large "welfare state" policies that protect the economic and social well?being of the poor and focus most on growing the economy.

Political Science

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Political ideologies are primarily which of the following?

A) descriptions of political reality B) descriptions of how politics is desired to be C) explanations of political conflict D) descriptions of political history

Political Science

If a group of people were systematically discriminated against in the past, which of the following would constitute an affirmative action policy designed as a remedy to help the members of this group overcome the legacy of discrimination?

a. a hiring policy that favors those with relatives working in government b. a college admissions policy that gives preferential treatment to members of the group c. a color-blind job application process to give members of this group an equal chance d. a policy that gives extra weight to votes cast by members of the group e. requiring all applicants for government jobs to have at least two years of prior experience

Political Science