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

Market Economy- people own, operate, and make profits from their OWN businesses

MANUFACTURINGEquals 20% of total North American Production

Manufacturing Belt (Rust Belt)Great Lakes AreaExport CentersAerospace and Aircraft manufacturing

Washington and California

Midwest- automobiles

California and Northeast- food processing

Canada- wood production

AGRICULTURECommodities (goods) produced for sale

1 billion acres in US167 million in CanadaIn US farming declining b/c of cost, demand, natural disaster, and too hard

Wheat BeltPrairie Provinces of CanadaGreat Plains (US)

Corn BeltOhio to NebraskaQuebec, Ontario, and Manitoba

TRANSPORTATION & COMMUNICATION

Roads- Commuting and transportation of goods

Trans-Canada Highway- 4,860 miles

PROBLEM: Congestion

Air TravelHartsfield (Atl)

O’Hare (Chicago)

Pearson (Toronto)

RailroadsCommuting and transportation of goods

Freight

TRANSPORTATION & COMMUNICATION

(cont)Communication

Cellular and digital communication servicesTV, Internet, Radio, News Papers

TRADE & INTERDEPENDENCE

Global Economy- countries dependant on each other

USTrade deficit- import more than export

High tariffs on imported goods

CanadaTrade surplus- export more than imports

Small population= less energy costs

NAFTA1989- FTA bet. Canada and US

1994- NAFTA- to include Mexico

Outsourcing- businesses abroad for domestic sales

CHALLENGES

TerrorismSmart Border Action Plan

Flow of people and goodsSecure infrastructureSharing of info

Free and Secure Trade (FAST)Tracking of cargoIntelligence sharing

THE PEOPLE & the ENVIRONMENT

KEY TERMS

CLEAR CUTTINGOVERFISHING

ACID RAINSMOG

EUROTRIPHICATION

MANAGING RESOURCES

Clear-cutting- clearing out forests for timber

Related to conversion = land for agriculture or housing

Overfishing = aquaculture

Wolf poaching- overpopulation of Elk

THE HUMAN IMPACTAcid-Rain- cars, power plants, factories release Sulfur Dioxide and Nitrogen Oxide

Mix w/ water vapor and falls in in the form of rainKills crops and can damage water supplySOLUTION: emission reduction

SmogSOLUTION- Clean Air Practices

Water PollutionRaw sewage and industrial waste contaminate groundwaterEurotriphication- overgrowth of algae; oxygen depletion

THE FUTURE1972- 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

SOLUTIONLess dependence on fossil fuelsLessening of emissions