CANADIAN ECONOMY SS10 UNIT 1 RELATIONSHIP WITH LAND

WHAT ARE WORDS/TERMS YOU ASSOCIATE WITH ECONOMY/ECONOMICS? WHAT YOU ALREADY KNOW…

WHAT ARE WORDS/TERMS YOU ASSOCIATE WITH THE CANADIAN ECONOMY? WHAT YOU ALREADY KNOW…

OVERVIEW… Terms and Concepts (INFO SHARING) Economic Regions (SMALL GROUPS) Bigger Picture: Canada in the North American and Global Economy (INFO SHARING) SWOT Analysis of Canada’s economy (WHOLE CLASS) Changes to the Canadian economy (WHOLE CLASS) Chapter Objectives (SOLO MISSION)

TERMS AND CONCEPTS (INFO SHARING) The study of economics is… The economy of a country is…

TERMS AND CONCEPTS (INFO SHARING) Types of Economies

TERMS AND CONCEPTS (INFO SHARING) Government interventions (pricing restrictions, quota restrictions, subsidies) Market interventions (marketing plans, monopoly) Illegal market influence Supply and Demand in a Capitalist Economy

TERMS AND CONCEPTS (INFO SHARING) Economic Analysis

TERMS AND CONCEPTS (INFO SHARING) Economic Sectors

ECONOMIC REGIONS (SMALL GROUPS) In your model groups: Two statements on the region’s historical economy. Two statements on the region’s contemporary economy. One statement on the role of geography on the economy. One statement on the region’s relationship with Canada with respect to the economy. Write each statement on the corresponding piece of paper. When complete, post the statement on the appropriate chart paper.

BIGGER PICTURE: CANADA IN THE NORTH AMERICAN AND GLOBAL ECONOMY (INFO SHARING) Mercantilism Branch Plant Free Trade* Nationalism (Protectionism)

BIGGER PICTURE: CANADA IN THE NORTH AMERICAN AND GLOBAL ECONOMY (INFO SHARING) "Living next to you," Trudeau told an American audience in a speech to the National Press Club in 1969, "is like sleeping with an elephant; no matter how friendly and even-tempered is the beast, one is affected by every twitch and grunt.” Foreign Affairs Canada

BIGGER PICTURE: CANADA IN THE NORTH AMERICAN AND GLOBAL ECONOMY (INFO SHARING)

SWOT ANALYSIS OF CANADA’S ECONOMY (WHOLE CLASS)

CHANGES TO THE CANADIAN ECONOMY (WHOLE CLASS)

CHAPTER OBJECTIVES (SOLO MISSION) Referring to the chapter outcomes, select two and on separate post-it notes, write related statements of evidence, observations or analysis. Place each post-it note on the appropriate chart paper. Finished? Select another one. Finished? …