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Canada's Mixed Economy Flashcards | StudBud
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Canada's Mixed Economy
A jeweller is an example of...
An example of a primary industry.
Canada's Mixed Economy
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Questions
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Answers
1
An example of a primary industry.
Automobile Maker
Doctor
Farming
Lawyer
2
A jeweller is an example of...
Primary Industry
Non-economic Activity
Tertiary Industry
Secondary Industry
3
What number of Canadians work in primary industries?
4/25
1/25
10/25
5/25
4
What percentage of Canadians work in tertiary industries?
90%
75%
50%
65%
5
Sending work to an outside provider, in an effort to cut costs.
Globalization
Outsourcing
Process
Downsizing
6
Which type of industries are on the decline?
Primary & Tertiary
Primary & Secondary
Secondary & Tertiary
Tertiary
7
Which of these news headlines show the actions of a consumer?
Ontario Government to Close Coal-Fired Plants
Police Probe Store Open on Holiday
Citizens Group Claims Gasoline Overpriced
Imperial Oil Bids on Arctic Natural Gas
8
What is the first stage in the manufacturing system.
Output
Input
Feedback
Process
9
Which of the following is not a secondary industry?
Steel makers
Jewellers
Fish cannaries
Walmart
10
What is the multiplier effect?
Effects of spending in a local economy.
Work that provides income for people.
A person or organization that purchases and uses products.
Send work to an outside provider.
11
An economy that combines different economic systems.
Mixed
Market
Traditional
Command
12
The stage where products are distributed to customers.
Output
Input
Process
Feedback
13
The amount of money a company or government receives as income.
Revenue
Capital
GDP
Consumer Advocate
14
What are the 4 main primary industries?
Factory, Forestry, Fishing and Mining
Farming, Shipping, Fishing and Construction
Farming, Forestry, Fishing and Construction
Farming, Forestry, Fishing and Mining
15
What do marketing boards help to improve?
Product quality and income of its members
Growth Mindset
Fair Trade
Consumer Rights