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Economics

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Stefanie Raynor

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Cards in this guide (5)
What is the main intention of boycotts

To get countries or companies to stop doing something objectionable

The government can prevent the shortages that accompany price ceilings by doing what

Rationing

How might a country respond to a trade embargo

It could pursue a policy of national self-sufficiency.

Tariffs differ from taxes because tariffs are what

Only collected on imported goods

What are the economic and economic factors affecting industrialization

tthere are many factors that effect the industrialization.

  • unsufficient raw material
  • not having enough machinery
  • unskilled labour

its the main problems in the under develop countries which effect the industrialization.

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