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| Frage | Antworten |
| What are the 3 basic economic questions? | What is to be produced? how is it to be produced? For whom is it to be produced? |
| Give an example of the 4 economic sectors | Primary: fishing industry secondary: construction Tertiary: retail industry Quaternary: medical researchers |
| What stats do economists use to measure the health of an economy? | GDP, GNP, Unemployment rates |
| What are the current economic activities of the 5 economic regions of Canada? | North: diamonds Prairies: oil Atlantic: trapping/oil/gas Shield: minning/forestry Great lakes st. Lawrence: financial headquarter/manufacturing |
| Why did Americans establish branch plants in Canada? | To bypass tariffs |
| What are some positives and negatives of NAFTA? | Positives: Canadians became more aware of human right concerns, environmental problems, human labour issues around the world Negatives: Allow american businesses to exploit Canadian businesses and cause issues in terms with human rights, jobs could be lost if companies moved to places like latin america |
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