Chapter 2 Economy Pg 194-204 Flashcards

1
Q

What are some economic factors that led to confederation?

A

Britain abandoned Protectionism
The Reciprocity Treaty was not renewed
Manifest Destiny

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2
Q

Federal powers relating to the economy

A

Currency (money)
Federal taxes
Treaties and trade with foreign countries

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3
Q

Provincial powers relating to the economy

A

Provincial taxes

Liscenses for bars and restaurants

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4
Q

What year was The National Policy?

A

1879

  1. Railway from coast to coast (east to west)
  2. Immigration to west
  3. Tariffs on foreign goods
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5
Q

What are consumers?

A

People who spend money

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6
Q

What year did Canada become a country?

A

1867

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