Question

evaluate the extent to which states utilized state-sponsored industrialization

Answer 1

The state-sponsored industrialization are utilized by the small states in order to promote the industrialization in this area.

What is state-sponsored industrialization?

State-sponsored industrialization is the initiative of the government, which was taken in order to promote the industrialization in small states. In State-sponsored industrialization, the states had more power to regulate the economical and financial system.

The goal of this initiative are listed below.

• The industrialization was managed and planned by the government to built industries and let them grow.
• Growth of rail-roads and industries in Tsarist Russia.
• Reform the economy of Mejji Japan.

Thus, the state-sponsored industrialization are utilized by the small states in order to promote the industrialization in this area.

Learn more about the industrialization here;

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