Describe What Group Technology Is

question 33

Essay

Describe what group technology is.

---

Definitions:

Tariffs

Taxes imposed on imported goods aimed at making them more expensive than similar locally-produced goods to protect domestic industries from foreign competition.

Consumers

People or collectives who buy products and services for their own consumption.

Producers

Individuals or organizations that create goods or services to satisfy market needs.

Embargo

A government order restricting or prohibiting trade and commerce with a specific country or the exchange of specific goods.