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THE U.S. and CANADA TODAY

THE U.S. and CANADA TODAY

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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. - PowerPoint PPT Presentation

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Page 1: THE U.S. and  CANADA  TODAY

THE U.S. and CANADA TODAY

Page 2: THE U.S. and  CANADA  TODAY

THE ECONOMY: KEY TERMS

Market EconomyPost-IndustrialCentral Business DistrictRetoolingCommodityArable

MonopolyGlobal EconomyTariffTrade SurplusOutsourcing

Page 3: THE U.S. and  CANADA  TODAY

ECONOMIC ACTIVITIESMarket Economy- people own, operate, and make

profits from their OWN businesses

Page 4: THE U.S. and  CANADA  TODAY

MANUFACTURINGEquals 20% of total North American ProductionManufacturing Belt (Rust Belt)

Great Lakes AreaExport CentersAerospace and Aircraft manufacturing

Washington and CaliforniaMidwest- automobilesCalifornia and Northeast- food processingCanada- wood production

Page 5: THE U.S. and  CANADA  TODAY

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

Page 6: THE U.S. and  CANADA  TODAY

TRANSPORTATION & COMMUNICATION

Roads- Commuting and transportation of goodsTrans-Canada Highway- 4,860 milesPROBLEM: Congestion

Air TravelHartsfield (Atl)O’Hare (Chicago)Pearson (Toronto)

RailroadsCommuting and transportation of goodsFreight

Page 7: THE U.S. and  CANADA  TODAY

TRANSPORTATION & COMMUNICATION

(cont)Communication

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

Page 8: THE U.S. and  CANADA  TODAY

TRADE & INTERDEPENDENCE

Global Economy- countries dependant on each other

USTrade deficit- import more than exportHigh tariffs on imported goods

CanadaTrade surplus- export more than importsSmall population= less energy costs

NAFTA1989- FTA bet. Canada and US1994- NAFTA- to include Mexico

Outsourcing- businesses abroad for domestic sales

Page 9: THE U.S. and  CANADA  TODAY

CHALLENGESTerrorism

Smart Border Action PlanFlow of people and goodsSecure infrastructureSharing of info

Free and Secure Trade (FAST)Tracking of cargoIntelligence sharing

Page 10: THE U.S. and  CANADA  TODAY

THE PEOPLE & the ENVIRONMENT

KEY TERMSCLEAR CUTTINGOVERFISHING

ACID RAINSMOG

EUROTRIPHICATION

Page 11: THE U.S. and  CANADA  TODAY

MANAGING RESOURCES

Clear-cutting- clearing out forests for timber

Related to conversion = land for agriculture or housing

Overfishing = aquacultureWolf poaching- overpopulation of Elk

Page 12: THE U.S. and  CANADA  TODAY

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

Page 13: THE U.S. and  CANADA  TODAY

THE FUTURE1972- Great Lakes Water Quality AgreementUS- Clean Water ActNAFTA- monitoring pollution along Rio GrandeGlobal WarmingGreenhouse gasesInuit- In Alaska and Canada foodless b/c the seals and caribou are moving NorthSOLUTION

Less dependence on fossil fuelsLessening of emissions