Examlex
Both Piaget and Vygotsky implied that we start with infant cognition and eventually attain adult thinking, which we practice from then on.
Economic Environment
The total of economic factors, such as employment, income distribution, and investment opportunities, that influence the behavior of consumers and businesses.
Smoot-Hawley
Refers to the Smoot-Hawley Tariff Act of 1930, which raised U.S. import tariffs on thousands of goods, leading to significant trade reductions worldwide.
Trade Restrictions
Measures implemented by governments to regulate or limit international trade, including tariffs, quotas, and embargoes.
Domestic Industries
Industries that produce goods or services within a country’s borders, serving the local economy.
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