POLS 1400 Lecture Notes - Lecture 8: Franklin D. Roosevelt, Class Consciousness, Socioeconomic Status
16 Jan 2017
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Document Summary
Historians often describe canada as a country whose financial well-being has relied on the export of a few recourse staples: the near-unparalleled riches of its seas, forests, mountains, and plains. More recently, oil and natural gas have become canada"s leading exports. Canada"s economy began to diversify in the latter part of the nineteenth century with the production of consumer goods such as clothing and shoes. Canada lags behind most other leading countries in terms of innovation and advanced technology. Canadian economy has always relied heavily on exports. Canadian exports benefited from the preferential treatment given to british colonies. Canada"s economy has relied heavily on foreign investment. Canadian governments have generally welcomed foreign investment, they have place limitations on foreign ownership in certain key sectors of the economy such as banking and insurance, the mass media, and telecommunications. Access to modern technology, access to markets outside canada and increased competitiveness for canadian industry leading to greater efficiency and lower prices.
