Transcript Nature of Canada’s Economy - Welcome to Ms. Duff's

Nature of Canada’s
Economy
CGC 1D/P1
Economic Structure of
Canada
Economic System
The organization in
which products and
services are made and
used up.
The economy is made up of two different types of people:
Producers:
people who harvest,
manufacture products or
provide services.
Consumers:
people who use products
and services.
How we categorize our economic industries
Primary
Industries
Extracting
Resources
Secondary
Industries
Refining or
Manufacturing
Resources
Tertiary
Industries
Services
Delivering
Resources
Quaternary
Industries
Providing
Intellectual
Services
Primary Industries
-industries that harvest
natural resources
(natural resources: air,
soil, water, oil, plants,
rocks, minerals,
wildlife)
Examples of Industries: mining, forestry, oil and
gas, agriculture, fishing, hunting, trapping
Northwest
Territories
Yukon Territory
British Columbia
Alberta
X X
Saskatchewan
Manitoba
Ontario
Quebec
X
Forestry
Prince Edward
Island
New Brunswick
Nova Scotia
Newfoundland &
Labrador
Provinces of Canada and their
Primary Industries using natural
resources
Natural
Resource
Industry
X X
Water
(Hydroelectric)
X
Fishery
X X X X
X
X
X
X X X X X X X X X
X X
X X X X
X X X
Oil & Gas
Agriculture
Mining
X X X
X
Labour
- Lower number of people
employed than other
industry levels due to
mechanization of the job
(one person per big
machine)
-Skilled labour due to the
specialization of the job
(college diploma and
apprenticeship)
Secondary Refining Industries
- process raw
materials into
industrial products
Industries: Steel mills,
paper mills, textile mills,
plastic manufacturers,
flour mill
Labour
- Larger number of people
employed than primary
industry but still lower than
manufacturing industry
-Some college skilled
labour (steel milling),
Often industry trained
labour
Secondary Manufacturing
Industry
-process industrial
products into goods
Industries: car makers,
garment industry,
furniture makers,
industrial bakers
Labour
- Larger number of people
in a factory
-Often industry trained
labour, low skill labour
Tertiary Industry
-provide services and
distribution of final
products to the market
Industries: retail sales,
utilities, public
administration,
communications,
health care,
restaurants, etc…
Labour
-Large number of people
employed in this industry
-Labour skill varies:
Low skill labour (ex
cashier),
college trained (ex. chef,
paramedic),
University trained (ex.
accountant, pharmacist)
Quaternary Industry
-provides intellectual
services
Industries: Scientific
research,
information
technology,
consultants,
Labour
-Small of people employed
in this industry
-Very highly trained
employees (many years of
university)
Types of Industry
• Do more Canadians work…
in agriculture?
or in education?
Types of Industry
More than three
times as many
Canadians work in
education than in
agriculture!
Types of Industry
• Do more Canadians work…
in transportation
and warehousing?
or in forests
and mining?
Types of Industry
More than twice
as many
Canadians work
in transportation
and
warehousing
than in forestry
and mining.
Types of Industry
• Do more Canadians work…
in manufacturing?
or in wholesale
and retail trade?
Types of Industry
More Canadians
work in wholesale
and retail trade
than in
manufacturing.
Types of Industry
 Most Canadian workers are not
lumberjacks, farmers, or miners (that was
more than 50 years ago); nor are they
factory workers (that ended with high
tech in the 1980’s).
 Instead, most Canadians have jobs in
which they provide an enormous range of
services.
Case Study:
 The company you work for is Black and
Decker. They close the factory in town. You
have a town of 15 000 people. 500 people
work at Black and Decker. This one plant
closure causes over 2500 to lose their jobs
 How do we get to 2500 losing their jobs if
the plant only employed 500??