The Industrial strategy of producing locally those goods that could have been imported is known as

Step 1: Analyze the question The question asks for the name of the industrial strategy in which a country produces at home the goods it would otherwise have imported.

Step 2: Explain the concept Import substitution industrialization (ISI) is a strategy in which a country reduces its dependence on foreign goods by producing them locally. Governments often support it with tariffs, quotas, import bans, and incentives for local manufacturers.

Nigeria used this strategy after independence, especially in the 1960s and 1970s. Local factories were set up to make textiles, cement, soap, beverages, and assembled vehicles. The aims were to:

• Save foreign exchange
• Create jobs
• Reduce dependence on imports
• Protect infant industries

Step 3: Check each option

• A. Balanced growth: This is the development of all sectors of the economy together. It is not about replacing imports.
• B. Export promotion: This is the opposite emphasis. It focuses on producing goods for sale abroad.
• C. Import substitution: This is producing locally what would have been imported. It matches the question.
• D. Industrialization: This is a general term for the growth of industries. It does not specifically mean replacing imports.
• E. Urbanization: This is the movement of people into towns and cities.

Step 4: Answer The correct option is **C.

Exam tip: Look at the key words. "Produce locally" and "would have been imported" point to import substitution. If the question says "produce for sale abroad," think export promotion.