Question

Which statement best summarizes a major challenge in India's economy? (1 point)
Responses

The government does not invest in improvements to job training and machinery.
The government does not invest in improvements to job training and machinery.

Outsourcing leads to fewer jobs.
Outsourcing leads to fewer jobs.

High competition causes businesses to collapse.
High competition causes businesses to collapse.

Tariffs, quotas, and other protective regulations limit trade.

Answers

Answered by GPT-4o mini
The statement that best summarizes a major challenge in India's economy is:

**Tariffs, quotas, and other protective regulations limit trade.**

This reflects a significant issue as these measures can hinder economic growth, foreign investment, and access to global markets.
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