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Why should the canadian government should protect canadian business from both foreign competition and takeovers?

The Canadian government should protect Canadian businesses from foreign competition and takeovers to safeguard national interests, promote economic stability, and preserve jobs. By supporting local firms, the government can ensure that profits remain within the country, fostering reinvestment in the Canadian economy. Furthermore, protecting domestic industries can help maintain a diverse and resilient economic landscape, which is crucial for innovation and long-term growth. Ultimately, such measures can enhance national security and cultural identity by preserving Canadian control over key sectors.


The north american free trade agreement has?

Benefited the Canadian economy.


What was the toonies government in Canada?

The "Toonies government" in Canada refers to the period when the Canadian dollar was colloquially known as the "toonie," a two-dollar coin introduced in 1996. This term is sometimes used informally to describe the economic climate and policies during the time when the Canadian economy was strong, with a focus on fiscal responsibility and balanced budgets. The "Toonies government" is not an official term but may be used to characterize certain government policies related to fiscal management and economic stability during that era.


What type of government does Togo have?

A republican government.


What is Argentina's informal economy based on?

The informal economy is a part of the economy based on odd jobs that people perform without government regulation through taxes.

Related Questions

What two areas does the Canadian government control in its mixed market economy?

The Canadian government has a hand in both public and private affairs.


Why is the Canadian economy identified as a mixed market economy?

Why did Canada choose a mixed economy? 1980 US president, Ronald Reagan, supported less government in the economy to reduce government spending and regulation of corporations. Canadian prime minister, Brian Mulroney, fallowed Reagan's example and fought for the shift right (less government involvement in the economy) in the economy in 1984. Ever since than there has been shift lefts and shift rights everywhere. therefore, Canada is a Mixed economy :)


What is a laissez?

policy that government should interfere as little as possible in the nation's economy


Does economy have to do with winning the Olympics?

In away yes. The Canadian government put out its money to train its (was soon to be) gold medalists. The USA does not. Tell you a lot about national pride and what economy does to a team.


What is the Canadian economy based on?

what is canada's economy absed on


What system involves total government control of a nation's economy?

State capitalism. Though I doubt if complete control is possible.


What characteristics of the Canadian economy are most important to a mixed economy?

Help! :(


What is econony?

It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.


What backs Canadian currency?

Canadian currency is backed by the strength of the Canadian economy and the trust of the public in the Canadian government and its financial system. Unlike the gold standard, modern Canadian dollars are fiat currency, meaning they are not backed by a physical commodity but rather by the government's ability to maintain economic stability and manage monetary policy. The Bank of Canada plays a crucial role in regulating the money supply and ensuring confidence in the currency.


What is Vietnams econony?

It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.


Why is equilibrium not possible in a dynamic economy?

Equilibrium is not possible in a dynamic economy because the economy is constantly changing and evolving. Factors such as technological advancements, shifts in consumer preferences, and changes in government policies can all impact the economy and prevent it from reaching a stable equilibrium. This constant state of flux makes it difficult for the economy to settle into a state of balance.


What new federal agencies increased the government's power to regulate the economy?

The new federal agencies that increased the government's power to regulate the economy is the federal banking system. This has made it possible to monitor and control the economy of the country.