Globalization and economic sectors Economics Jeopardy Economic Regions Statistics Globalization and economic sectors Canada and the US Assorted 10 20 30 40 50

What region is most known for fishing? 10 points What region is most known for fishing? Category 1 - 10 Atlantic Region

Which region has the most manufacturing? 20 points Which region has the most manufacturing? Category 1 - 20 Great Lakes – St. Lawrence

Which region has the least agriculture? 30 points Which region has the least agriculture? The North

Why is global warming a major issue in the North Region? 40 points Why is global warming a major issue in the North Region? Ice and permafrost are melting

Which of the following is NOT 50 points Which of the following is NOT a major industry in the Prairie Region? Agriculture, fossil fuels, potash, fishing Fishing

Does Macroeconomics deal with economies 10 points Does Macroeconomics deal with economies that are large or small in scale? Large

The amount of goods and services produced in a country 20 points The amount of goods and services produced in a country Gross Domestic Product (GDP)

The amount and goods and services produced by a country 30 points The amount and goods and services produced by a country Gross National Product (GNP)

40 points The GDP has increased after declining for 5 years. What stage of the business cycle does this increase show? Recovery

Does this chart show a recession or a depression? Why? 50 points YEAR GDP 2000 500 498 497 499 Does this chart show a recession or a depression? Why? Recession, does not last 3 years, GDP doesn’t decrease by 10%

When people move from the country to cities it is called 10 points When people move from the country to cities it is called Rural-urban Migration

Statistics that measure human populations are called 20 points Statistics that measure human populations are called Demographics

30 points When you open a factory in a foreign country in order to pay the employees less Outsourcing

The sector of the economy that creates and shares information 40 points The sector of the economy that creates and shares information Quaternary Sector

Which economic sector do most Canadians occupy? 50 points Which economic sector do most Canadians occupy? Tertiary Sector

When one country owns the businesses in another country 10 points When one country owns the businesses in another country Branch Plant Economy

A tax on imported goods is called a 20 points A tax on imported goods is called a Tariff

30 points What agreement between Canada and the US is an example of Sectoral trade? Auto Pact

40 points What is the term for when educated people move from one country to another due to better opportunities in the second country? Brain Drain

What is the difference between free trade and freer trade? 50 points What is the difference between free trade and freer trade? Free trade means no restrictions or tariffs, freer trade means reduced restrictions or tariffs

10 points A fruit picker whose job ends at the end of summer faces what type of unemployment? Seasonal Unemployment

The degree to which consumers want a product is called 20 points The degree to which consumers want a product is called Demand

Money and manufactured goods are what type of resource? 30 points Money and manufactured goods are what type of resource? Capital Resources

50 points Which Canadian province was not covered in the 5 Economic Regions that we looked at? (Only a small part is within one of the 5 regions) British Columbia

40 points When demand for a product is high and the supply is low, what happens to the price? The price increases