What Is a Policy Cycle? First, what is a policy? We know that a policy and procedure are two distinct entities. According to the dictionary, policy is a âdefinite course or method of action selected from alternatives and in light of given conditions to guide and determine present and future decisionsâ.
Steel and metal industry. 1  The German steel and metal industry includes the steel, non-ferrous metals, foundry and steel and metal working industries. 2  As a result of its innovative capabilities and high-quality products, the German steel industry has established itself as a leading producer in the European Union.
Among the industries protected by tariff legislation were steel, iron, sugar, glass, furniture, leather, paper, coal, woolen goods and silk, and tinplate. The McKinley tariff of 1890 and the Dingley tariff of 1897 raised tariff rates to levels higher than any since the Civil War.