AHSS*1140 Chapter Notes - Chapter 1: North American Free Trade Agreement, Premiership Of Stephen Harper, Aboriginal Title
Document Summary
Part of economy concerned w/ providing various government services: ex of services are the military, police, infrastructure (public roads, bridges, tunnels water supply, sewers, etc. ), public transit, public education, health care and those working for the government itself, like elected officials. The dynamic that occurs as social and economic affairs become subject to the influence and/or control of the state and its institutions. A commercial enterprise established and owned by either the federal or the provincial state but possessing relative operational autonomy from the government. A crown corporation is not a department and thus is not headed by a minister but by a board of directors appointed by the government. The budgetary dynamic in which expenditures and other financial liabilities exceed revenues, resulting in the need to borrow money to meet financial obligations. The process of reducing or eliminating outright the legal rules that control and direct the behaviour of firms in the private sector.
