Economic Structure of Canada Economic System The organization
in which products and services are made and used up.
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Producers: people who harvest, manufacture products or provide
services. Consumers: Consumers: people who use products and
services. The economy is made up of two different types of
people:
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How we categorize our economic industries Primary Industries
Secondary Industries Tertiary Industries Quaternary Industries
Extracting Resources Refining or Manufacturing Resources Services
Delivering Resources Providing Intellectual Services
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-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 Primary Industries
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Provinces of Canada and their Primary Industries using natural
resources Natural Resource Industry Newfoundland &Labrador Nova
Scotia New Brunswick Prince EdwardIsland Quebec Ontario Manitoba
Saskatchewan Alberta British Columbia Yukon Territory
NorthwestTerritories ForestryXXXXX Water (Hydroelectric)XXXXX
FisheryXXXXX Oil & GasXX AgricultureXXXXXXXXX
MiningXXXXXXXXX
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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)
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Secondary Refining Industries Industries: Steel mills, paper
mills, textile mills, plastic manufacturers, flour mill - process
raw materials into industrial products
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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
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-process industrial products into goods Industries: car makers,
garment industry, furniture makers, industrial bakers Secondary
Manufacturing Industry
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Labour - Larger number of people in a factory -Often industry
trained labour, low skill labour
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- provide services and distribution of final products to the
market Industries: retail sales, utilities, public administration,
communications, health care, restaurants, etc Tertiary
Industry
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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)
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-provides intellectual services Industries: Scientific
research, information technology, consultants, Quaternary
Industry
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Labour -Small of people employed in this industry -Very highly
trained employees (many years of university)
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Types of Industry Do more Canadians work in agriculture? or in
education?
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More than three times as many Canadians work in education than
in agriculture! Types of Industry
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Do more Canadians work in transportation and warehousing? or in
forests and mining?
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More than twice as many Canadians work in transportation and
warehousing than in forestry and mining. Types of Industry
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Do more Canadians work in manufacturing? or in wholesale and
retail trade?
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More Canadians work in wholesale and retail trade than in
manufacturing. Types of Industry
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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 1980s). Instead, most Canadians
have jobs in which they provide an enormous range of services. But
all parts of the economy are vital
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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??