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THE U.S. and CANADA TODAY

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.

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THE U.S. and CANADA TODAY

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  1. THE U.S. and CANADA TODAY

  2. THE ECONOMY: KEY TERMS • Market Economy • Post-Industrial • Central Business District • Retooling • Commodity • Arable • Monopoly • Global Economy • Tariff • Trade Surplus • Outsourcing

  3. ECONOMIC ACTIVITIES • Market Economy- people own, operate, and make profits from their OWN businesses

  4. 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

  5. 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

  6. 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

  7. TRANSPORTATION & COMMUNICATION (cont) • Communication • Cellular and digital communication services • TV, Internet, Radio, News Papers

  8. 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 • 1989- FTA bet. Canada and US • 1994- NAFTA- to include Mexico • Outsourcing- businesses abroad for domestic sales

  9. 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

  10. THE PEOPLE & the ENVIRONMENT • KEY TERMS • CLEAR CUTTING • OVERFISHING • ACID RAIN • SMOG • EUROTRIPHICATION

  11. MANAGING RESOURCES • Clear-cutting- clearing out forests for timber • Related to conversion = land for agriculture or housing • Overfishing = aquaculture • Wolf poaching- overpopulation of Elk

  12. 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

  13. THE FUTURE • 1972- 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

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