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What goods and services does Canada produce?

Canada is one of the wealthiest of the world's nations. Its economy is dominated by the service industry, with logging and oil production serving major roles as well.


What is Britain's most important industry?

Britain's most important industry is the pharmaceutical industry. This industry plays a major role in the economy of the country.


What is a market economy based on?

A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system


What does it mean when the US has a mixed economy?

ANSWERNeither the government nor individuals completely control private industry and business.ANSWERboth business and industry make all of the economic rules.The U.S. is said to have a "mixed economy" because both private businesses and government play major roles in the economy.


Which economic systems allow government to control most aspects of the economy?

Generally speaking nations where much of the means of production are either owned or controlled by the central government control most of that country's economics. What also needs to be addressed is that dictatorships, either fascist or some other type also control the major aspects of a country's economy by virtue of their unlimited power to force their economies to produce certain goods or / and direct the paths of major industries. The best example of this is Nazi Germany. Hitler's government did not "own" German industry but he could dictate what products they "should" produce. It is said but it cannot be held as "doctrine" that Russia's major economic policies are governed by Mr. Putin. Of course all nations calling themselves "communist" nations always play a huge role in their nations economics.

Related Questions

What is the major thing that hospitality industry puts into a nations economy?

The customers maybe


Major vocational areas in the hospitality industry?

Describe the major vocational areas in the hospitality establishments?


What are Belize major economy?

agriculture and industry are main factors in the belizean economy.


Who are the 5 major contributors to the information technology industry?

The 5 major contributors to the IT industry could be : 1. Oil & GAs 2. Healthcare 3. Hospitality 4. Defence 5. Entertainment The 5 major contributors to the IT industry could be : 1. Oil & GAs 2. Healthcare 3. Hospitality 4. Defence 5. Entertainment


What goods and services does Canada produce?

Canada is one of the wealthiest of the world's nations. Its economy is dominated by the service industry, with logging and oil production serving major roles as well.


What is Britain's most important industry?

Britain's most important industry is the pharmaceutical industry. This industry plays a major role in the economy of the country.


Maldives major industries?

The largest industry in the Maldives is the tourism industry


What industry products are made in new Orleans?

As a major port it retains major portion of the Transportation and Logistics Industry and despite Katrina it remain a major player in the Entertainment, Liesure and Hospitality sector.


Why are fisheries important to Japan's economy?

because The fishing industry in Japan constitutes both a major industry and export


What isFive major espresso coffee brands in the hospitality industry to make esresso coffee in your city?

brew, mill house, something ,nothing , and penguin


Where are some hospitality management course for graduate level education?

Most MBA programs, which are offered by any major university, include a concentration in the Hospitality management field. Here one can take classes learning better ways to increase the effectiveness of profits and performance in the hospitality industry.


How did war and plague caused major changes in medieval Europe?

Nations lost there provinces and as the black plague killed alot of people, economy dropped and nations fell.