CANADA'S ECONOMIC SYSTEM
By Samatha Oliver
General Characteristics of Agricultural, Industrial, and Information Age Economic Systems
Agricultural Age Economic Systems:Feudal economic systems and earlier ancient empire economic systems based on slavery
Industrial Age Economic Systems:Rise of capitalist economic systems and then socialist economic systems (as a critique of capitalism).
Information Age Economic Systems:Both capitalist and socialist economic systems are being greatly restrued as they become part of a global economy; no pure systems, hybrids instead, though also privatization trends world wide, including in former socialist countries.
Information/Data on Canada's Economic System
As an affluent, high-tech industrial society, Canada today closely resembles the US in per capita output, market-oriented economic system, and a pattern of production. Since World War II the impressive growth of the manufacturing, mining, and service sectors has trnsformed the nation from a largely rural economy into one primarily industrial and urban. Canadians has one of the world's greatest economic systems.
Conclusions on Canada (Whether Primarily Agricultural, Industrial, or Information Age Re: Its Economic System)
Canada is primarily agricultural age.
Additional Online Sources on Canada's Economic System
Traditional Bibliographic Sources on Canada's Economic System
- World Fact Book of 1996
- Culturgram '96
- Background notes on CANADA July 1995
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