CANADIAN ECONOMY & INDUSTRIES Flashcards
(12 cards)
_ largest oil reserves
Third
Leading supplier of…
natural gas, phosphate, and third largest timber exporter
What is GDP?
Total value of everything produced within a country
What is GDI
GDP + GDI (income earned abroad)
What is a characteristic of the Primary Sector?
Getting raw materials
What is a characteristic of the secondary sector?
Manufacturing
What is a characteristic of the tertiary sector?
Providing services
What is a characteristic of the Quaternary sector?
Research and development
Give an example of a primary sector job
Mining, forestry, farming , and fishing (Company example: Sollio Agriculture)
Give an example of a secondary sector job
Making cars, steel (Company example: Sellantis Canada)
Give an example of a tertiary sector job
Teaching, nursing, retail (Company example: RBC)
Give an example of a Quaternary sector job
IT, research scientists (Company example: SickKids)