Direction: Read the given passage carefully and answer the questions that follow. |
The recent rapid growth of industry has, in some cases, been so excessive that too much manufacturing capacity has been developed in some fields of production, which forces companies to sell their surplus products in world markets at prices lower than normal. This will make it almost impossible to develop local industries producing the same items because consumers will prefer to buy cheaper imported products. |
A) Availability of imported products at cheaper rates.
B) Consumer's tendency to buy cheaper imported products.
C) Excessive production capacity of industries.
D) All of these
E) None of these
Correct Answer: D
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