CANADIAN ECONOMY & INDUSTRIES Flashcards

(12 cards)

1
Q

_ largest oil reserves

A

Third

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2
Q

Leading supplier of…

A

natural gas, phosphate, and third largest timber exporter

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3
Q

What is GDP?

A

Total value of everything produced within a country

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4
Q

What is GDI

A

GDP + GDI (income earned abroad)

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5
Q

What is a characteristic of the Primary Sector?

A

Getting raw materials

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6
Q

What is a characteristic of the secondary sector?

A

Manufacturing

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7
Q

What is a characteristic of the tertiary sector?

A

Providing services

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8
Q

What is a characteristic of the Quaternary sector?

A

Research and development

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9
Q

Give an example of a primary sector job

A

Mining, forestry, farming , and fishing (Company example: Sollio Agriculture)

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10
Q

Give an example of a secondary sector job

A

Making cars, steel (Company example: Sellantis Canada)

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11
Q

Give an example of a tertiary sector job

A

Teaching, nursing, retail (Company example: RBC)

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12
Q

Give an example of a Quaternary sector job

A

IT, research scientists (Company example: SickKids)

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