BC'S ECONOMY Flashcards
What were some of BC natural resources
Trees , minerals and fish
What are jobs that do not create a product called
Service Industry
What is consumption
Use of products
What is an activity that processes raw materials to make finished products
Secondary
What is capital
Money invested in a company to make profit
What is money for an industry to be located in a specific area called
Incentive grants
What is a company controlled by a larger company called
Subsidiary
What is the distribution and selling of goods called
Tertiary
What are sustained yields
Use of a resource at a rate so it can renew itself
What is the tax on imported Canadian products called
Tariffs
What are conditions that determine where to set up a factory
Location factors
What is disparity
Regional inequality between nations
What is a Canadian plant owned by a foreign company called
Branch plant
What is the use of tariff to counterbalance an unfair trading agreement called
Countervailing duty
What is the right of political freedom
Autonomy
