THE U.S. and CANADA TODAY
THE ECONOMY: KEY TERMS Market Economy Post-Industrial Central Business District Retooling Commodity Arable Monopoly Global Economy Tariff Trade Surplus Outsourcing
ECONOMIC ACTIVITIES Market Economy- people own, operate, and make profits from their OWN businesses
MANUFACTURING Equals 20% of total North American Production Manufacturing Belt (Rust Belt) Great Lakes Area Export Centers Aerospace and Aircraft manufacturing Washington and California Midwest- automobiles California and Northeast- food processing Canada- wood production
AGRICULTURE Commodities (goods) produced for sale 1 billion acres in US 167 million in Canada In US farming declining b/c of cost, demand, natural disaster, and too hard Wheat Belt Prairie Provinces of Canada Great Plains (US) Corn Belt Ohio to Nebraska Quebec, Ontario, and Manitoba
TRANSPORTATION & COMMUNICATION Roads- Commuting and transportation of goods Trans-Canada Highway- 4,860 miles PROBLEM: Congestion Air Travel Hartsfield (Atl) O’Hare (Chicago) Pearson (Toronto) Railroads Commuting and transportation of goods Freight
TRANSPORTATION & COMMUNICATION (cont) Communication Cellular and digital communication services TV, Internet, Radio, News Papers
TRADE & INTERDEPENDENCE Global Economy- countries dependant on each other US Trade deficit- import more than export High tariffs on imported goods Canada Trade surplus- export more than imports Small population= less energy costs NAFTA FTA bet. Canada and US NAFTA- to include Mexico Outsourcing- businesses abroad for domestic sales
CHALLENGES Terrorism Smart Border Action Plan Flow of people and goods Secure infrastructure Sharing of info Free and Secure Trade (FAST) Tracking of cargo Intelligence sharing
THE PEOPLE & the ENVIRONMENT KEY TERMS CLEAR CUTTING OVERFISHING ACID RAIN SMOG EUROTRIPHICATION
MANAGING RESOURCES Clear-cutting- clearing out forests for timber Related to conversion = land for agriculture or housing Overfishing = aquaculture Wolf poaching- overpopulation of Elk
THE HUMAN IMPACT Acid-Rain- cars, power plants, factories release Sulfur Dioxide and Nitrogen Oxide Mix w/ water vapor and falls in in the form of rain Kills crops and can damage water supply SOLUTION: emission reduction Smog SOLUTION- Clean Air Practices Water Pollution Raw sewage and industrial waste contaminate groundwater Eurotriphication- overgrowth of algae; oxygen depletion
THE FUTURE Great Lakes Water Quality Agreement US- Clean Water Act NAFTA- monitoring pollution along Rio Grande Global Warming Greenhouse gases Inuit- In Alaska and Canada foodless b/c the seals and caribou are moving North SOLUTION Less dependence on fossil fuels Lessening of emissions