Problem
1. (Industrial Policy) Define industrial policy. What are some arguments in favor of industrial policy?
2. (Case Study: Picking Technological Winners) What was the central focus of U.S. industrial policy in the past? Is the same focus appropriate today? What are the arguments against an active U.S. industrial policy?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.