# Incentives to encourage industrial development

> Industrial development incentives lower some of the costs or risks of doing business, so that firms invest, expand, train workers, build infrastructure or export. For each incentive, know who it…

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## More in South Africa’s industrial policies and their suitability in terms of international best practice

- [South Africa's endeavours](https://www.hlayiso.com/grade-12/economics/notes/south-africas-industrial-policies-and-their-suitability-in-terms-of-international-best-practice/south-africas-endeavours) — Previous section
- [Appropriateness of South Africa's industrial policies](https://www.hlayiso.com/grade-12/economics/notes/south-africas-industrial-policies-and-their-suitability-in-terms-of-international-best-practice/appropriateness-of-south-africas-industrial-policies) — Next section
- [All South Africa’s industrial policies and their suitability in terms of international best practice sections](https://www.hlayiso.com/grade-12/economics/notes/south-africas-industrial-policies-and-their-suitability-in-terms-of-international-best-practice)

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