What is another word for industrial policy?
Pronunciation: [ɪndˈʌstɹɪəl pˈɒlɪsi] (IPA) 
Industrial policy refers to the set of economic measures and strategies that are designed to promote and strengthen the growth and development of industry. There are several synonyms for this term, which include economic development, industrial strategy, economic policy, growth strategy, and industrial development. The aim of industrial policy is to create a framework for economic growth that encourages private sector investment and production, while also supporting research and development, innovation, and job creation. Ultimately, a successful industrial policy can help to create a more competitive and diversified economy, which can better withstand challenges and emerge stronger in the face of economic uncertainty.
