It means “the running of a household" and it's about making decisions. It involves looking at what people need and making decisions on what to buy and sell.
What does economy mean, and what is its role in the system?
Public sector companies are created and managed by the government on a federal, provincial, territorial or local level, and the private sectors are responsible for all decisions regarding the company.
What's the difference between the Private and Public sectors?
Collective ownership means that resources are held by everyone in a group, rather than by individuals. People still hold certain roles and fulfill personal responsibilities, but they do it with the understanding they aren't the only ones holding the resources.
What does collective ownership mean?
Businesses are completely reliant on the consumers, for example, a company might decide that it is not profitable to provide a particular good or service to an isolated community.
Businesses have gained lots of power since the beginning of their production, small things that have have power over could consist of?
Fairtrade is a way of doing business dedicated to making sure that producers in less industrialized countries are paid a fair price for the goods they can produce.
What is a Fair-trade?
A cooperative runs on the idea that working together as a community creates benefits for all members (everyone owns an equal share) Cooperatives are very similar to indigenous societies in which resources and labor were shared for the good of the entire group.
What is a cooperative, and what happens inside of one?
To find what poverty really is you would use measuring, for example, measuring poverty is the market basket measure. It looks at the cost of basic goods and services for a family.
There is no official definition of poverty in Canada. According to the statistics in Canada, 8.8 percent of Canadians had "low income" in 2011. What is a way to get an understanding of how poverty is determined?
Fair-trade products are often sold in specialty shops, so they are not easily available to most consumers. Taxes are higher on processed goods, so fair-trade producers face additional costs to export their products. Large companies can take advantage of fair-trade certification. They receive the benefit of a fair-trade image but might only buy a very small amount of a fair-trade product to sell in another market.
What are the disadvantages of the fair-trade?
The Hutterites were a religious group of people originally from Germany who had settled in Russia in the 1700s.
Where were the Hutterites from?
- health care
- job training and placement
Housing. employment insurance, and Social assistance benefits. Anti-poverty groups state that the government should supply more for those that have lower income, and many Canadians believe the government should focus on reducing child poverty since one in every ten Canadian children is poor. Part of Canada’s plan for its economy and future is a sustainable, healthy environment.
In order for Canadians to have access, the government helps provide a safety net for society, this safety net refers to the services supported by different levels of government. What do the citizens get out of this?
Around 168 million child laborers.
Child labor is very popular, approximately how many laborers are there?
With hopes to find a place where they could live and work without having to perform any sort of military service.
Why had they left Russia?
They are shared by the community, and any decision that is made is taken into account how the community and the environment will be affected.
What are revenues?
Computers come from China, clothing from Indonesia, and motor vehicles from Germany.
Many of the stores where Canadians shop offer products provided by non-Canadian companies. Where do some of the products come from?
They started migrating to southwestern Saskatchewan from Alberta and the United States in 1949.
Where did they migrate to Saskatchewan from?