Economy of British Columbia Flashcards
What are natural resources?
Resources that come from the earth.
Ex. Trees, Minerals, Fish
Service Industry
Jobs that don’t create a product
Consumption
The use of products
Ex. Eating food
Secondary
Raw to Finished
What is Capital?
Money invested in companies to make profits.
Smaller companies controlled by bigger ones are called?
Subsidiaries
Tertiary
Distribution or selling of goods/services
Grants that make places even
Equalization Grants
Tariffs aka
Import Canadian Taxes
What is disparity?
Regional inequality between nations
What is a branch plant?
Companies in one country own by another.
Counterveiling duty
Counterbalancing Tarrifs
The eight of political freedom is called what?
Autonomy
Cultural Sovereignty
Remaining culturally separate from a foreign one.
Minimum amount of Canadian Content
Content Regulations
