Economic Growth in Canada

Economic Growth in Canada

Factors of Economic Growth

Multiple Choice

Canada's literacy rate is over 99%. Because of this, you could expect that

• Canada would have a high standard of living.

• Canada would have a high unemployment rate.

• Canada would not allow an increase in immigration.

• Canada would need to increase funding to its education programs.

Multiple Choice

If Canada wanted increase the value of its "human capital," which of these would be the BEST course of action?

• increase funding to public schools

• build more factories

• increase the amount of oil exports

• reach a trade agreement with the United States

Multiple Choice

Which is an example of investing in physical capital by a company?

• Keeping old taxi cabs

• Keeping old machinery in order to save

• Purchasing new computer software for the business

• Training workers new skills for the job

Multiple Choice

Which is an example of an entrepreneur?

• Mechanics who work for a business owned by an individual.

• People who operate a school.

• A person who runs a government-owned iron mine.

• A person who uses her money to start a business.