Social 9 Chapter 6

It is illegal for producers to "Fix" the prices of their products.

Air Canada is a crown corporation, because it is currently owned by the government of Canada.

In Alberta, companies can hire children 12 years of age without permission from the government.

"Canada filmers must get gov't grants because we need Canadian Stories" is the the opinion of 

Labour laws in Canada prevent employers from hiring children 

Education, Health Care, and Postal Services are gov't funded because they are__-

The Two basic "factors of production" are supply and demand.

The importance of consumer choice is one similarity between mixed and market economies.

Competition and monopoly mean the same thing.

Collective bargaining rights of labor unions aren't protected under the Charter of Rights.

China used to have a(n)

NAFTA is an example of a "Shift right", because it supports less gov't involvement in economy.

Supply of a product involves producers.  Demand for a product involves 

pensions for senior citizens and publicly funded health care are examples of a "shift left"

As demand for product goes up, the supply goes down. As it goes down, so does the price.

Newfoundland has the lowest unemployment rate in Canada.

Which is a a tactic to put pressure on employers to respond to worker issues

The competition act's objective is to discourage competition among producers.

Canada has a market economy and the U.S. has a mixed economy.

A movement from a market economy towards a mixed economy is a

Because of unions, Canada has labor laws, such as standards for wages, hours, safety, holidays.

Canada's position on the economic continuum shifts between a mixed economy and a market economy