Canada's Economic Identity Flashcards
1
Q
Canadas Economic Identity
A
- Fur-trade (Hudson’s Bay Company)
- Natural resources (water, lumber, coal, uranium, fisheries)
- Commodities (oil, diamonds, wheat).
2
Q
Canada’s Major Industries
A
- Primary
- Secondary/Manufacturing
- Tertiary/Services
3
Q
Primary Industry
A
- Is the extraction and initial processing of all raw materials
- They are sold to other businesses that use them to make other products or to provide services
3
Q
Secondary/Manufacturing Industry
A
Industries that make or process large quantities of raw materials into finished products, usually with machines.
3
Q
6 major primary industries in Canada
A
- Agriculture
- Fishing
- Hunting and trapping
- Forestry and logging
- Energy and mining
- Water
4
Q
Primary Manufacturing (processing)
A
Taking raw materials and creating a finished good.
5
Q
Secondary Manufacturing (fabrication)
A
- Capital goods (products used by businesses)
- Consumer goods
6
Q
Tertiary/Services
A
- Do not make or extract anything from the earth.
- Provide necessary services to other businesses and consumers.
(Banking, Construction, Communications, Transportations, Retail sales)
7
Q
Canada Economic Identity Today
A
- Heavy manufacturing sector (especially in Ontario – Automotive)
- Heavy services sector (lawyers, doctors, accountants, architects)
8
Q
Blue collar vs White collar
A
- Blue collar workers perform manual labor, often in non-office settings like construction sites or production lines.
- White collar workers, in contrast, work in offices and typically wear white, collared shirts.
