Midterm 1 Flashcards
Staple Theory
developed by Harold Innis, the staple theory helps explain change in newly settled regions witha relatively small population base but an abundance of land and natural resources. according to staple theory the ability of canadians to bring staples (wheat, timber, fish, fur) to market was critical to canadian economic development, driving intensive and extensive growth. staple thoery implies that if factors of production were reallocated to other sectors, real output per capita would have been less than it was.
Staple Theory
developed by Harold Innis, the staple theory helps explain change in newly settled regions witha relatively small population base but an abundance of land and natural resources. according to staple theory the ability of canadians to bring staples (wheat, timber, fish, fur) to market was critical to canadian economic development, driving intensive and extensive growth. staple thoery implies that if factors of production were reallocated to other sectors, real output per capita would have been less than it was. reliance on the infrastructure to move staples meant the creation of transportation systems critical to canadian economic development.
Staple Theory
developed by Harold Innis, the staple theory helps explain change in newly settled regions with a relatively small population base but an abundance of land and natural resources. according to staple theory the ability of canadians to bring staples (wheat, timber, fish, fur) to market was critical to canadian economic development, driving intensive and extensive growth. the search for and exploitation of staples led to the development of institutions that defined the political culture of the nation and its regions. staple thoery implies that if factors of production were reallocated to other sectors, real output per capita would have been less than it was. reliance on the infrastructure to move staples meant the creation of transportation systems critical to canadian economic development.
Staple
a relatively unprocessed commodity which is dominant in the economy
Staple-theory Authors
William A Mackintosh and Harold Innis