Examlex
The joint family structure was highly valued for all of the following reasons EXCEPT
Quotas
Restrictions set by governments on the quantity or value of goods that can be imported or exported, used to control trade balances and protect domestic industries.
Infant Industry
A new industry that is in its early stages of development and may be protected or supported by government policies.
Protection
Economic policies and actions, such as tariffs and quotas, taken by a government to shield domestic industries from foreign competition.
Compete
The act of striving against others for the purpose of achieving goals such as winning a market share, receiving recognition, or obtaining a scarce resource.
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