Section 4 Flashcards
When was the second phase of industrialization
1909-1929
What was the main cause of the second phase
Introduction of hydro electricity
What was the primary production sector
Examples(2)
Natural resources
-mined materials(copper, asbestos,gold)
-pulp and paper
What was the govs policy of economic liberalism
Exploitation of natural resources was left to private companies, but royalty was charged
What was expanded
The road and rail network
What part of Montreal became more significant
Port of Montreal
What to do with growth of cities continued
Urbanization
What was the Quebec gov focused on (3)
-industrialization
-job creation
-exploiting natural resources
What is monopoly capitalism
A company has full control over the production of a product or has no competition