where do most people choose to live & work in canada & why? most people choose to live &...

Where do most people choose to live & work in

Canada & why?

Most people choose to live & work in the southern part of the country.

The reasons include: Warmer Climate, More Jobs Available, &

Access to transportation corridors like roads, railways, airports, &

unfrozen water

Where Do People Live & Where Do People Live & Trade?Trade?

What is

“ECONOMICS”?

The study of how people The study of how people manage their resourcesmanage their resources

What are the 3 Types of Resources?

Natural ResourcesNatural Resources

Human ResourcesHuman Resources

Capital ResourcesCapital Resources

Today’s Standard(s)Today’s Standard(s)

SS6E1 The student will analyze SS6E1 The student will analyze different economic systems. different economic systems.

c. Compare and contrast the basic types of c. Compare and contrast the basic types of economic systems found in economic systems found in CanadaCanada, ,

Cuba, and Brazil. Cuba, and Brazil.

Intro to Our Intro to Our Essential Question……Essential Question……

What is the What is the basic type basic type

of economic of economic system system found in found in Canada?Canada?

(R46)(R46)

Canada’s EconomyCanada’s Economy

Contributors to the Contributors to the EconomyEconomy

Canada is very rich Canada is very rich in natural in natural resources.resources.

It has an abundant It has an abundant supply of supply of timbertimber, , mineralsminerals, & , & oresores such as iron, lead, such as iron, lead,

& gold& gold


The first Europeans The first Europeans to come to to come to

Canada did so for Canada did so for two main reasons:two main reasons:

1. 1. Abundant Abundant FishingFishing

2. 2. Fur TradingFur Trading


In the 1800’s, it was In the 1800’s, it was discovered that discovered that

Canada had vast Canada had vast amounts of gold & amounts of gold &

other minerals.other minerals.

Many people came to Many people came to Canada with dreams Canada with dreams

of becoming rich.of becoming rich.

Some did.Some did.


Today, most Canadians Today, most Canadians work in the work in the serviceservice or or

manufacturingmanufacturing industries.industries.

Canada’s abundant Canada’s abundant natural resources, natural resources, skilled labor force, skilled labor force, international trade international trade relations have all relations have all

contributed to contributed to Canada’s economy in Canada’s economy in

positive ways.positive ways.

Natural Resource IndustryNatural Resource Industry

The The prairie provincesprairie provinces of central Canada, of central Canada,

have vast grasslands have vast grasslands & rich soil.& rich soil.

This makes it ideal for This makes it ideal for growing growing wheatwheat & &

raising raising cattlecattle..


On the rich On the rich farmlands along farmlands along

the St. the St. Lawrence River, Lawrence River, farmers harvest farmers harvest

grainsgrains, , vegetablesvegetables, & , &

fruitsfruits..


The east coast of The east coast of Canada is ideal Canada is ideal

for growing for growing potatoespotatoes & & raising raising dairy dairy

cattlecattle..


The coast of The coast of Newfoundland is one Newfoundland is one of the most abundant of the most abundant fisheriesfisheries in the world. in the world.

Salmon caught on the Salmon caught on the pacific coast is also a pacific coast is also a boost to the economy.boost to the economy.


Much of Canada is Much of Canada is covered in forests. covered in forests.

This abundance of This abundance of timbertimber is a major is a major contributor to the contributor to the

Canadian Canadian economy.economy.


In the In the northern northern territoriesterritories, vast , vast

amounts of iron ore, amounts of iron ore, gold, silver, copper, & gold, silver, copper, &

other metals are other metals are mined.mined.

IndustryIndustry

This term refers to any area or type of This term refers to any area or type of economic activity.economic activity.

Examples:Examples:Music Industry, Fast Food Industry, Steel Industry, Music Industry, Fast Food Industry, Steel Industry,

Automobile Industry, Medical Industry, Automobile Industry, Medical Industry, Communications Industry, etc.Communications Industry, etc.

TradeTrade

Trade is a very Trade is a very important part of important part of

Canada’s economy.Canada’s economy.

Almost Almost 80%80% of the of the natural resourcesnatural resources produced in Canada produced in Canada

are are exportedexported to other to other countries.countries.

ExportExport

A product that is traded or sold to A product that is traded or sold to another outside country.another outside country.

In other words, In other words,

its stuff that’s sent away.its stuff that’s sent away.

ExportsExports

Some of Canada’s major Some of Canada’s major exports include: exports include:

wood & paper products,wood & paper products, minerals, aluminum, minerals, aluminum,

wheat, & oilwheat, & oil

These raw materials & These raw materials & other manufactured other manufactured

goods are shipped all goods are shipped all around the world.around the world.

TradeTrade

Canada’s biggest trading Canada’s biggest trading partner is the partner is the U.S.U.S.

Most of Canada’s Most of Canada’s exports go to the U.S.exports go to the U.S.

In 1994, the U.S., In 1994, the U.S., Canada, & Mexico Canada, & Mexico signed the signed the NAFTANAFTA, , which lowered trade which lowered trade barriers & increased barriers & increased

trade.trade.

ImportImport

Any product that is brought into a Any product that is brought into a country from another country.country from another country.

In other words, In other words,

its stuff that’s coming in.its stuff that’s coming in.

Industry & the EconomyIndustry & the Economy

Canada has a very Canada has a very well-educated well-educated

workforce.workforce.

Since WWII, Canada Since WWII, Canada has shifted from a has shifted from a rural economy to rural economy to

an industrial urban an industrial urban economy. economy.

Types of IndustryTypes of Industry

PrimaryPrimaryPrepare & process raw Prepare & process raw

materialsmaterials

ExamplesExamples

Farms (Tyson Chicken), Farms (Tyson Chicken), Mining Companies (BP),Mining Companies (BP),

Logging Companies, FisheriesLogging Companies, Fisheries


SecondarySecondaryManufacturing-Manufacturing-

Turning raw materials into Turning raw materials into products that consumers products that consumers or other businesses can or other businesses can

useuse

ExamplesExamplesCar Manufacturers (Ford), Car Manufacturers (Ford),

Bakeries (Two Smart Cookies),Bakeries (Two Smart Cookies),

Furniture Makers (La-Z-Boy)Furniture Makers (La-Z-Boy)


TertiaryTertiaryService IndustriesService Industries

&&DistributorsDistributors

ExamplesExamplesWholesalers (Sam’s Club), Wholesalers (Sam’s Club), Transportation Companies, Transportation Companies,

Retailers (Foot Locker), Retailers (Foot Locker), Health Care (Hospital), Health Care (Hospital),

Education, Banking, Education, Banking, LawyersLawyers


QuaternaryQuaternaryPass on informationPass on information

ExamplesExamples

Communication Communication Companies like Companies like

Comcast Comcast (Cable/Internet) or (Cable/Internet) or

At&T (Phone)At&T (Phone)

Industry & the EconomyIndustry & the Economy

Most of Canada’s Most of Canada’s workforce works in the workforce works in the

tertiarytertiary, or service , or service industry.industry.

About 30% of the About 30% of the workforce works in the workforce works in the

secondary, or secondary, or manufacturing manufacturing

industry.industry.

TransportationTransportation

Because Canada is so Because Canada is so large, it needs a large, it needs a

strong transportation strong transportation industry.industry.

Without this, Canada Without this, Canada would have a hard would have a hard

time:time: **Importing & Exporting Importing & Exporting

GoodsGoods

**Moving Goods Across Moving Goods Across Canada Canada

Transportation CorridorsTransportation Corridors

Canada has natural Canada has natural transportation transportation corridorscorridors, or paths that make , or paths that make

transportation easier.transportation easier.

The The St. Lawrence SeawaySt. Lawrence Seaway gives the interior access gives the interior access to the Atlantic & the to the Atlantic & the Great LakesGreat Lakes provide a provide a

corridor for trade with the U.S.corridor for trade with the U.S.

Canada’s Canada’s trans-continental railway systemtrans-continental railway system crosses crosses the country from coast-to-coast.the country from coast-to-coast.

Transportation BarriersTransportation Barriers

Canada also has Canada also has transportation transportation barriersbarriers, or geographic features that , or geographic features that prevent or slow down transportation.prevent or slow down transportation.

In much of the north, In much of the north, snow & ice snow & ice block travel by block travel by land & water.land & water.

The The Rocky Mountains Rocky Mountains in the west hinder in the west hinder transportation by land.transportation by land.

Return to Our Return to Our Essential Question……Essential Question……

What is the What is the basic type basic type

of economic of economic system system found in found in Canada?Canada?

where do most people choose to live & work in canada & why? most people choose to live &...

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