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

2. What region is most known for fishing?
10 points
What region is most known for fishing?
Category
Atlantic Region

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

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

5. 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

6. 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

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

8. 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)

9. 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)

10. 40 points
The GDP has increased after declining for 5 years. What stage of the business cycle does this increase show?
Recovery

11. Does this chart show a recession or a depression? Why?
50 points
YEAR GDP
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%

12. 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

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

14. 30 points
When you open a factory in a foreign country in order to pay the employees less
Outsourcing

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

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

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

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

19. 30 points
What agreement between Canada and the US is an example of Sectoral trade?
Auto Pact

20. 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

21. 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

22. 10 points
A fruit picker whose job ends at the end of summer faces what type of unemployment?
Seasonal Unemployment

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

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

25. 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

26. 40 points
When demand for a product is high and the supply is low, what happens to the price?
The price increases