Examlex
What is Bronfenbrenner's term for the broad system of cultural beliefs and values and the economic and governmental systems that are built on those beliefs and values?
Import Substitution
An economic policy aimed at replacing foreign imports with domestic production to promote local industries.
Foreign Competition
Competition that domestic companies face from companies located in other countries, influencing markets, pricing, and innovation.
Trade Restrictions
Measures such as tariffs, quotas, and embargoes that countries impose to control the amount of trade across their borders.
Import-Substitution Policy
An economic strategy aimed at reducing dependence on imported goods by promoting domestic production of similar products.
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