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Bank of Canada

Canada Post

CBC

Royal Canadian Mint

Travel Alberta

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Farmers, mining corporations, fishing and forestry are all examples of what the Pimary Industry is.

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An examples on scarcity would be why coal is dirt cheap and why gold is so expensive. Both are highly wanted for different reasons but one is extremely easy to uncover making it worth less

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The United States of America, Canada, France, The UK, Germany, Qatar, Russia, Brazil, Egypt, and Japan are all examples of economy

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When the UK allowed the owning of private airports.

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Canada had a foreign debt of 60.86% of their GDP
USA is 108.02% of their GDP
Australia is 108.02% of their GDP
Japan is 252.91% of their GDP

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Canada imports

$74.3 billion in Automotive

$63.3 billion in Machinery

$16 billion in Plastics

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Canada exports

$14.1 billion worth of Wood

$9.8 billion worth of Aluminum

$84.6 billion worth of Mineral fuels

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An example of a Tarff is  Trump's 25% tariff on all steel and aluminum inpots

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NAFTA, The EU, EFTA, and APEC

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Is the selling of public services into the private sector. This is done so the government no longer have control over healthcare for example.

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Is the act of a corporation reducing costs of their products by using cheaper labor in a different country.

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A subsidy is financial support from a government to assist business/an industry. This help keep the price of something low.

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Is a factory typically for clothing corporations. In which the workers work extremely long hours and in horrid conditions. They are found in poorer countries and are a violation of human rights.

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Inflation is the increase in overall prices in a economy over some time.

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These company's are owned by the government itself. They tend to not have much competition

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The more scarce a substance is the less of it there is.

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The IMF was also set at Bretton Woods. But unlike the World Bank the International Monetary Fund was made to help HIPCs in the short term. The IMF demands reform in a country and in return they supply the HIPC with a loan. It run out the EU.

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Was a strong advocate of little to no government influence in the economy. He commonly seen as an adversary to John Maynard Keynes.

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Communism is Marxism gone wrong. Marxism is the belief that there are all equal in society and that "Classes" determined by wealth are not a thing. Nothing is privately owned property, and means of production is owned by the people. While working towards Marxism one man is usually in charge to put everything in place. But after that they are "supposed to" step back and let society run on its own. Since human nature might not have been taken into account the man in charge stays I power and runs a tyrannical rule in which he rules everything. This is when a nation becomes communistic.

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Is a FTA which includes Canada, The US, and Mexico it was the world's largest spanning FTA. Covering 21,578,137 km2 in total.

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The World Bank was set up at Bretton Woods. It is an international organization run by the UN that works on long term help to reduce the poverty rate in HIPICs. It is run out of DC

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Examples of countries that hold Socialist beliefs are Russia, Vietnam, Cuba, and Laos.

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Socialism is a political idea in which the government have a part in the economy and both public and private businesses are encouraged

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These consist of Fossil Fuels such as Coal, Petroleum, and Natural Gas.

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Non-Renewable Resources are raw resources that can only be used once. They usually have to do with combustion.

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Bretton Woods was a meeting of United States, Canada, Western Europe, Australia, and Japan after WW2. These world powers came together to discus how to let a war of this scale happen again for the third time. Out this agreement came the International Monetary Fund (IMF) which is run from eastern Europe. The Wold Bank which is run from Washington DC.

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Some examples of HIPCs are Mali, Ghana, Rwanda, Senegal, Sierra Leone, Togo, Uganda, Zambia, Burundi, Ivory Cost, Ethiopia...… need I go on.

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HIPCs AKA Heavily Indebted Poor Countries are countries that are a group of 37 countries. 30 of which are in Africa (WHAT A SHOCK!!!!!!) Anyway, these 37 nations have high levels of poverty and debt. They usually go ask for help form the IMF and the World Bank.

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In Canada all american steel products exported, are subjected to a 25 per cent tariff.

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An example of an FTA was NAFTA which included Canada, the US, and Mexico( It was the largest spanning FTA ever).

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Tariffs are taxes imposed on imports brought in from other countries. Typically Tariffs are used to support a country's own economy or as sanctions

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Exports are goods that are sent out of one country to another for the means of trade.

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Imports are goods or services that are brought into a country through trade.

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The abbreviation FTA stands for Free Trade Agreement.  A FTA is when two or more countries come together and make the choice that have zero to none tariffs on imports and exports between said countries.