Economic Policy Questions
The role of government in industrial policy is to create and implement strategies and measures to promote and support the growth and development of industries within the country. This includes setting goals and objectives, formulating policies, providing financial incentives and support, regulating industries, and fostering collaboration between the government, private sector, and other stakeholders. The government's aim is to enhance competitiveness, stimulate innovation, attract investments, create jobs, and ensure sustainable economic growth in the industrial sector.