MGMT 100 Study Guide - Final Guide: Industrial Policy, Unemployment Benefits, Monetary Policy
Document Summary
Lo1 list the six categories of government activities that can affect business. Government activities that affect business may be divided into six categories crown corporations, laws and regulations, taxation and financial policies, government expenditures, purchasing policies, and services. Lo2 trace the historical role of government in the canadian economy and explain why. When canada was formed in 1867, the federal government was given the power to. When the western world joined the confederation, the goal was to create a unified. Canada, however the small population was sporadically spread across canada. Trade with the us was very prominent. National policy was a government directive that placed high tariffs on imports from the. United states to protect canadian manufacturing, which had higher costs: the government then decided to ponder the possibility of a railway. Crown corporations are companies that are owned by the federal or provincial government.
