Unit 3: Managing Canada’s Resources

Question 1

Resource

Answer 1

Anything that can be used to produce goods and services

Question 2

Industry

Answer 2

A classification that refers to a group of companies that are related in terms of their primary business activities

Question 3

Total stock

Answer 3

All the parts of the natural environment taken together

Question 4

Carrying capacity

Answer 4

The ability of the environment to support a population of people without environmental damage

Question 5

Sustainability

Answer 5

Improving the quality of human life while living within the carrying capacity of supporting ecosystems

Question 6

Natural resource

Answer 6

Anything that people find useful which comes from nature

Question 7

Renewable resource

Answer 7

Resourced that can be regenerated if used carefully. Ex.trees,crops,natural fish supplies

Question 8

Non renewable resource

Answer 8

Resources that are limited and can’t be replaced once they are used up

Question 9

Flow resource

Answer 9

Replaced by natural actions whether humans use them or not. Ex. Water, air, wind

Question 10

Primary industries

Answer 10

Industries that extract raw materials from the environment

Question 11

Secondary industry

Answer 11

Industries involved in the manufacturing/processing of the raw materials. Ex. Furniture, automobiles

Question 12

Tertiary industries

Answer 12

Industries concentrated in the service sector. Ex. Car dealership, real estate agent

Question 13

Quarter nary sector

Answer 13

A way to describe a knowledge-based part of the economy. Ex. It consultant, research and development etc.

Question 14

The three R’s

Answer 14

Reduce, Reuse, Recycle

Question 15

The most potential resource saving

Answer 15

Reduce. The item is neither purchased nor produced

Question 16

FSC

Answer 16

Forest stewardship council. It promotes responsible forest management

Question 17

Sustainable yield management (forestry)

Answer 17

Maintaining production capacity and maintaining the natural renewal capacity of forest vegetation

Question 18

Sustainable yield management (fishery)

Answer 18

Managing the fish capacity

Question 19

Fossil fuels

Answer 19

Made from decomposing plants and animals and can be burned for energy. Ex. Coal, oil, and natural gas

Question 20

Strip mining

Answer 20

Cheapest method, but used to extract minerals close to the surface, ex. Gravel, sand, oil sands

Question 21

Open pit mining

Answer 21

More expensive than strip mining. Diamonds are mined using this method

Question 22

Underground mining

Answer 22

The most expensive mining. Used to extract minerals more than 1000m underground. Ex. Potash, gold, nickel

Question 23

Energy demand of industrial

Answer 23

48%

Question 24

Energy demand of transportation

Answer 24

25%

Question 25

Energy demand of residential

Answer 25

14%

Question 26

Energy demand of commercial

Answer 26

13%

Question 27

Tariff

Answer 27

A tax imposed by the government for the export or import of goods

Question 28

Free trade

Answer 28

The production of goods can be spread across many companies in different countries

Question 29

Basic job

Answer 29

Job that recieves its money from outside its industry

Question 30

Non-basic job

Answer 30

Money that’s recieved from inside the industry

Question 31

Multiplier effect

Answer 31

The increase in total wealth or income that occurs when new money is injected into an economy