What is an infant indusrty?

An infant industry is a new or emerging sector that is not yet able to compete with established industries due to its small size, lack of experience, or limited resources. Governments often provide support through tariffs, subsidies, or other protective measures to help these industries grow and develop until they can compete on a global scale. The rationale is that nurturing these industries can lead to job creation, innovation, and economic diversification. However, debates exist over the effectiveness and potential long-term consequences of such protectionist policies.