second phase industrialization Flashcards
what happened in the second phase of industrialization?
development of new industrial sectors and the use of new energy sources
what is hydroelectricity?
electricity generated by the movement of water
what were the factors that contributed to industrialization?
- Laurier kept macodnalds policy of high custom duties on imports.
- increase of immigrants provided labour source and increase in demand for manufactured products
- what became the leading export (generated wealth)
- foreign trade with the usa and uk increased
which places had the most resources?
Quebec, Ontario and bc
what were the industrial sectors?
ore processing, pulp and paper, hydroeclectiry, electrometallurgy, electrochemistry
what was Quebec’s industrial growth during the second phase of indusyrlization do to?
to the exploitation of natural resources such as water, timber, copper
what was a provinces development dependent on?
industrialization, job creation and the exploitation of natural ressources
what is economic liberalism?
economic liberalism protected the economy pretty much. it’s that they were able to have free trade with other places, business owners could make decision without having to ask the government and the government could not intervene with economic decisions