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Why is timber industry important to Canada's economy?
The timber industry is crucial to Canada's economy as it significantly contributes to job creation, particularly in rural and northern communities where employment opportunities are limited. It generates substantial export revenue, making Canada one of the world's leading exporters of forest products. Additionally, the industry supports various sectors, including construction and manufacturing, fostering economic growth and innovation. Sustainable forest management practices also align with environmental stewardship, ensuring long-term viability for the industry and the economy.
Why is fishing so important to the Norway economy?
Fishing is so important to Norway's economy because seafood is their second-largest export. Fish are abundant in Norwegian waters, making them a great source of income for the country.
When was Making Our Economy Right created?
Making Our Economy Right was created in 1991.
Why is macroeconomics important in managerial economics?
It can be important when the decisions of management are related to the whole of the social system. A possible change in the forecast of the progress of the macro-economy can result in the need for the managemental decision-making to re-align with it.
Why entrepreneurship is so important to your society?
Entrepreneurship is important beacause they organise, coordinate and manage all the other factors of production-land labour and capital, they take risk in aim of making a profit which is vital for a developing economy.
What trade spread across Canada making it important for 300 years?
the fur trade
How is Canada's economy affected by its climate and vegetation?
Canada's economy is affected by its climate and vegetation. This is because the climate is harsh in some places in Canada and it blows at the vegetation, making it hard for plants to grow.
What types of manufacturing are important in Canada's economy?
There is a large car making industry in Canada, as well as a substantial pulp and paper industry, a lumber industry, a beer industry, a maple syrup industry, etc.
How is immergrants taking gold from Canada being dealt with?
Canada is now making Immergrants pay to fly across Canada
What are the values underlying economic decision making in Canada and the US?
Well, since Canada is a mixed economy and the USA is a market economy, you could say that the economy is kind of a market economy. So the values are more based on what each individual person wants, not what the majority of the people want. Hope it helped:)
Why is timber industry important to Canada's economy?
The timber industry is crucial to Canada's economy as it significantly contributes to job creation, particularly in rural and northern communities where employment opportunities are limited. It generates substantial export revenue, making Canada one of the world's leading exporters of forest products. Additionally, the industry supports various sectors, including construction and manufacturing, fostering economic growth and innovation. Sustainable forest management practices also align with environmental stewardship, ensuring long-term viability for the industry and the economy.
Is the economy of Canada better than the economy of the US?
Comparing the economies of Canada and the US involves various factors, including GDP, employment rates, and inflation. The US has a larger GDP and more diverse industries, making it the world's largest economy. However, Canada often scores higher in measures of quality of life, healthcare, and social welfare. Ultimately, whether one economy is "better" than the other depends on the criteria used for evaluation.
Why is fishing so important to the Norway economy?
Fishing is so important to Norway's economy because seafood is their second-largest export. Fish are abundant in Norwegian waters, making them a great source of income for the country.
Are there any important people from Canada?
no not really unless you count the people making labats beer
When was Making Our Economy Right created?
Making Our Economy Right was created in 1991.
Panera is most known for its making of what?
Panera is a chain of bakeries that is most known for making bread. The company started in 1981 and can now be found across America and Canada. Their headquarters is in Missouri.
What is the budget of Making Our Economy Right?
The budget of Making Our Economy Right is 3,000 dollars.
