The Canadian And The American Economies

The Canadian and the American Economies are very different. The Canadian Economy is mostly a mixed economy. According to Webster's dictionary, this means that some companies are owned by the government and other companies are not. The American Economy is mainly a market economy which means prices are based on competition among private businesses and not controlled by a government. Many people believe that Canada and the U.S should have a common economic system with little government involvement. Based on research and evidence, Canada and the U.S. should not have a common economic system because it provides a more stable economy and promotes the Canadian culture.

The economic system of Canada is more stable because businesses, workers and