Economic Sectors
When a country buys commodities from a foreign nation.
What is an Import?
Atlantic COD fishery/east coast fishery.
What collapsed in eastern Canada?
There are three mineral categories found in Canada.
How many mineral categories?
A resource that is constantly being produced by nature and the supply cannot be damaged by human activity.
What is a flow resource?
Cannot be replaced within a person's lifetime.
What is a non-renewable resource?
Primary, Secondary and Tertiary.
What are the three stages of industry?
Loggers remover every tree leaving a barren landscape behind.
What is clear cutting?
Ranking system that states how viable land is for growing crops.
What is land classifications for agriculture?
Our use of water for crop irrigation.
What is domestic water use?
Can be replenished is managed properly.
What is a renewable resource?
Commodities increase in value when passed through the three stages of industry.
What is the multiplier effect?
clear-cutting only part of the forest.
What is shelterwood logging?
Fossil fuel mineral classification.
What is oil?
Our use of water for things like washing, drinking, and cooking.
What is domestic water use?
The location of consumers heavily influences where companies should establish their operations to best reach and serve their target market.
What is location to customers?
A policy by which governments do not interfere with import or export prices.
What is free trade?
Harvesting only mature trees of the desired size, shape, or quality.
What is selective cutting?
What is intensive farming?
A factory's use of water for cooling, cleaning, etc.
What is industrial water use?
How close a business is situated to the source of its raw materials.
What is proximity to raw materials?
A tax imposed by the government of a country on imports or exports of goods.
What is tariff?
Over fishing, improved fishing technologies, uncontrolled foreign fishing, changes in the natural environment.
list reasons that led to the collapse of the east coast fishery?
Highly mechanicalized farming requiring less workers but much more land. Examples include wheat, corn, bean and other large land crop farming.
What is extensive farming?
Percentage of the World's fresh water supply located in Canada.
What does 20% represent?
Te availability of workforce with the necessary skills for the job task required.
What is labour supply?