ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In Canada, which group has the MOST influence over which goods and services are produced?
A
Canadian consumers
B
the Parliament of Canada
C
the prime minister’s cabinet
D
Canadian business leaders
Explanation: 

Detailed explanation-1: -International trade, including both exports and imports, is a large component of Canada’s economy, each making up about one-third of GDP. Canada’s largest trading partners are the U.S., China, and the U.K. The three largest industries in Canada are real estate, mining, and manufacturing.

Detailed explanation-2: -Professional services, scientific services and technical services are said to be the most important industries in the service sector today.

Detailed explanation-3: -Canada’s economy is dominated by the private sector, though some enterprises (e.g., postal services, some electric utilities, and some transportation services) have remained publicly owned.

Detailed explanation-4: -Oil Drilling & Gas Extraction in Canada. SUV & Light Truck Manufacturing in Canada. Sawmills & Wood Production in Canada. Petroleum Refining in Canada. Aircraft, Engine & Parts Manufacturing in Canada. Copper, Zinc & Lead Refining in Canada. Aluminum Manufacturing in Canada. More items

There is 1 question to complete.