ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Canada invests little in human capital and a low gross domestic product.
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Canada invests heavily in human capital and a low gross domestic product.
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Canada invests little in human capital and a high gross domestic product.
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Canada invests heavily in human capital and a high gross domestic product.
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Detailed explanation-1: -How has Canada’s investment in human capital MOST LIKELY affected the country? Canada’s government has placed limits on trade with other countries. Canadian citizens have equal access to educational opportunities. Canadian citizens enjoy a relatively high standard of living.
Detailed explanation-2: -The country is typically praised for its affordability, access to education and health, political stability, individual freedom and environmental protection. Canadians generally enjoy a fairly strong social safety net, which ensures access to health care and education.
Detailed explanation-3: -And if that’s not enough, here are other reasons why Canada is a good place to live and work in: Our unemployment rates are lower than other countries. We’re major contributors to quantum computing, medical discoveries, space science and technology. We’re one of the most peaceful countries in the world.
Detailed explanation-4: -It can produce all of the goods that its citizens want and need. It can use its resources more efficiently than it could if it did not do so. It can fund its government without imposing high taxes on its citizens. It can control the prices that goods are sold for in its domestic markets.