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Infant Industry

An infant industry is a newly-established or developing industry in a country that is considered to be in need of government protection and support in order to grow and become competitive in the global marketplace. Infant industries are often vulnerable to foreign competition due to their lack of experience, technology, and capital.

Governments often provide subsidies, tariffs, and other forms of protection to help these industries grow and become established in the global market. The goal is to help the industry gain a foothold in the market, develop its production capabilities, and eventually compete on a global scale. The theory is that once the industry matures, it will no longer need government support and can compete on its own merits.

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