Economic Systems Of Different Countries

Economic Systems of Different Countries


Canada:


        The Government of Canada is a Federal Parliamentary Democracy and a
member of the Common Wealth.  The Prime Minister of Canada is the Honorable Jean
Chretien.  The Deputy Prime Minister is Sheila Copps and the Governor General is
Romeo LeBlanc.  There are five major political parties in Canada they are;  the
Progressive Conservatives, the Liberal Party, New Democratic Party, the Reform
Party, and the Bloc Quebecois.
        The GNP per capita (1991) was $19,934 (in millions).  The annual GNP
growth was 3.4%.  The amount of GNP for defence was 2.2%.  The majority of
workers in Canada are in the Service field (73%), Industry has 23% of the
workers, and Agriculture has the remaining 4% of the labour workforce.  Canada
has an unemployment rate of 9.5% and an inflation rate of 2.3%.
        Canada's top three natural resources are Nickel, Zinc and Copper.
Canada's top three agricultural products include Wheat, Barley, and Corn.  The
three major Canadian industries are automobile manufacturing, lumber industry,
and petroleum products.  Canada has a healthy trading market with major partners
such as the United States, Mexico, and Japan.  The top three imported products
are vehicles, foodstuffs, and animal feed, while the three major exports include
vehicles, petroleum products and natural gas.  Canada's exports vastly outweigh
their imports.   The balance of trade is $9,823,000,000 (more exports than
imports).
 Canada's economy is a market economy based on free ...

Word (s) : 1184
Pages (s) : 5
View (s) : 1391
Rank : 0
   
Report this paper
Please login to view the full paper