MGMT 100 Lecture Notes - Lecture 4: Canadian Dairy Commission, Money Supply, Air Canada

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Chapter 4: the role of government in business. Canada has a mixed economy; our various levels of governments play a very large role in our economy. Some allocation of resources is made by the market o: and some is made by the government. From the start of 1867 the national policy was to force trade to flow east-west. Tariffs were used to deter the natural north-south flow of goods. Canada: a railroad was built with government assistance to achieve national unity! Americans have less government involvement in their economy; more goods and services are provided by the private sector. o. Following terrorist attacks of 9/11, the u. s. federal government allocated funds to new york. Government activities that affect business may be divided into six categories: crown corporations, laws and regulations, taxation and financial policies, purchasing policies, services. Companies that are owned by the federal or provincial governments. They provide services that are not being provided by business o.

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