Canada Economy Flashcards

1
Q

MAIN TYPES OF INDUSTRIES: (Canada)

A
  • Service industries
  • Manufacturing industries
  • Natural resources industries
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2
Q

-Service industries:

A
  • Provide thousands of different jobs in areas like transportation, education, health care, construction, banking, communications, retail services, tourism and government.
  • More than 75% of working Canadians now have jobs in service industries.
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3
Q
  • Manufacturing industries:
A
  • make products to sell in Canada and around the world
  • Manufactured products include paper, high technology equipment, aerospace technology, automobiles, machinery, food, clothing and many other goods.
  • Our largest international trading partner is the United States.
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4
Q
  • Natural resources industries:
A
  • include forestry, fishing, agriculture, mining and energy
  • These industries have played an important part in the country’s history and development.
  • Today, the economy of many areas of the country still depends on developing natural resources, and a large percentage of Canada’s exports are natural resources commodities.
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5
Q

Canada’s economy, what is the international stand?

A

Canada has one of the ten largest economies in the world and is part of the G8 group of leading industrialized countries with the United States, Germany, the United Kingdom, Italy, France, Japan and Russia.

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