Chapter 5- Canada's Mixed Economy
- 1.What are the three types of industries and give one example for each.
- 2.How might technology change the economy of Canada in the future?
- 3.How does government spending affect you?
- 4.How does government revenue collection affect you?
- 5.How does the mixed economy work in Canada?
- 6.what is a revenue collection?
- A.
Economy
- B.
Industry
- C.
Tax
- D.
A step of the manufacturing system
- 7.what are " traditional and market, "traditional and command", market and command"?
- A.
Government
- B.
Industries
- C.
Multiplier effects
- D.
Mixed economies
- 8.What headline show the actions of consumers?
- A.
Consumer group claims gasoline overprice
- B.
Police probe store open on holiday
- C.
Telus corporation eyes bell canada for merger
- D.
Imperial oil bids on arctic natural gas
- 9.what riding the bus, gitar lessons, buying milk, or mailing a letter clasified as?
- A.
Secondary
- B.
Primary
- C.
Tertiary
- D.
Non-economic
- 10.In what year was cheap microchip circuits beginning?
- A.
Late 1990's
- B.
Early 1980's
- C.
Early 1990's
- D.
Late 1980's
- 11.What are some raw materials that reach ontario by ship?
- A.
Cars and other transportation
- B.
Bikes and metals
- C.
Food and other products as such
- D.
All of the above
- 12.What are new technologies that change primary industry?
- A.
Computerized mining
- B.
Precision farming
- C.
High-tech forestry
- D.
All of the above
- 13.Selling a guitar is an example of what industry?
- A.
Primary
- B.
Secondary
- C.
Tertiary
- D.
All of the above
- 14.what are the right examples of primary industry?
- A.
Farms, fish, forests,minerals and fossil fuels
- B.
Forests, minerals and chemicals
- C.
Transportation, engeneering
- D.
All of the above
- 15.What is the correct order for the manufacturing system?
- A.
Feedback, input,, process, output
- B.
Input, output, feedback, process
- C.
Input, process, output, feedback
- D.
Input, output, process, feedbackk
- 16.And industry is work that provides income for people.
- A.
True
- B.
False
- 17.A sustainable yield is the amount that can be taken from a natural reasource while reducing the resource's ability to maintain itself
- A.
True
- B.
False
- 18.A mixed economy consists of two or more of the same economic systems.
- A.
True
- B.
False
- 19.Marketing boards are to improve product quality while ensuring the income of their members
- A.
True
- B.
False
- 20.Farms, forests and fish are all examples of secondary industry
- A.
True
- B.
False
- 21.A tertiary industry- providing of services, such as customer support, distribution, retailing
- A.
True
- B.
False
- 22.The multiplier effect are the effects of spending in a local economy
- A.
True
- B.
False
- 23.The government is a very important part of canada's economic system
- A.
True
- B.
False
- 24.Outsoursing is sending work to an outside provider, usually to decrease costs.
- A.
True
- B.
False
- 25.A primary industry is work based on harvesting natural resources such as animals, crops, tress, or minerals
- A.
True
- B.
False
Questions: 10 | Attempts: 23308 | Last updated: Mar 22, 2022
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