Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
15 Cards in this Set
- Front
- Back
|
Aboriginal Economies |
Questions Below |
|
|
Resource management(?) |
Believe that the planet is here for us and we are here for the planet(?) |
|
|
Farming |
Aboriginal: Biodiversity and substance farming (variety of crops for own use) European: focuses on monoculture and grant money |
|
|
World views |
Aboriginal: practiced a lifestyle of sustainable development (Took what they needed in order to survive) European: Money makes the world go round (focus on taking as much as they can to make money) |
|
|
Wealth/ social standing |
Aboriginal: Indigenous peoples believed wealth was measured by non-material values such as spiritual powers and good relationships European: The more money you have equals the more power you have |
|
|
Tariffs |
Taxes on produced goods |
|
|
The National Policy |
Questions Below |
|
|
What is it? |
A strategy to shield Canadian manufactures from American competition by adding higher tariffs on foreign goods making the intercontinental highway and getting greater population in the west. |
|
|
Protectionism |
Lowering tariffs on manufactured goods that were being produced by some of canadas fledgling industries. |
|
|
Industrialization |
the process of transforming the economy of a nation or region from a focus on agriculture to a reliance on manufacturing |
|
|
Industrialization (working/ living conditions, social response, new industrial era) |
economic and social activities were transformed from agriculture and natural resource extraction to manufacturing and services. |
|
|
Impact/Effects of National Policy |
Higher buying of canadas staples,Canadian businesses weren’t suffering as much anymore,the west wasn’t as disconnected anymore. |
|
|
Fish, Fur, Wheat Timber (How they benefitted the Europe and how they benefited BNA) |
Fish (cod):Late 1400’s there was a major food supply crisis in Europe. Meat was scarce and people had to turn to fish. Easy to preserve,transport, prepare,and get. BNA:Provided an economic base Fur: The fur trade drove European exploration and colonization and also helped foster relatively peaceful relations between Indigenous people and European colonists BNA: It helped to build Canada and make it wealthy Wheat: Britain was motivated to seek for a wheat supply in BNA looked for a wheat supply in BNA due to uncertain trade in Europe. Due to the wheat flourishing population expanded,new settlements sprang up across the region and more roads and canals were built BNA: the wheat trade marked the beginning of central canadas place as the nations economic heartland Timber: A lot of people depended on timber up until steel replaced the need for timber. BNA: Manufacturing and shipbuilding, trade brought investment and immigration to eastern Canada |
|
|
Staple Thesis |
Staple Thesis- Staple production shaped the economic development and settlement patterns in the colonial hinterland. 1. An economy’s most successful method is to move from export of staples to manufacturing. 2. An economy is moderately successful when it is flexible and can shift from the production of one staple to another depending on the demand 3. An economy is unsuccessful when it becomes mired in the “staples trap.” Where It continues to rely on the production of one staple even though it is no longer enough to provide adequate income |
|
|
Preferential Trade Status, Reciprocity |
Preferential Trade Status: Tariffs that were placed on produced goods outside the Britain empire. Reciprocity: The Reciprocity Treaty between Canada and the United States eliminated customs tariffs between the two, and the resulting increase in trade with the United States which in part replaced trade with the United Kingdom led to an economic boom in Canada. |
