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Business CH4

  • What are the 3 main resources that make up an economy

  • In a table list how the three major economic questions are answered by each of the 3 main economic systems.

  • What are the characteristics of free enterprise?

  • If Canadians were not allowed to own property how would that affect the economy

  • Define Modern Mixed Economy,  Give 3 examples of why Canada would be considered a Modern Mixed.

  • Define Private Sector,  and Public Sector.  List 3 services that are provided by each.

  • When was public health care started in Canada and how successful has it been?

  • When was Air Canada established and by whom, how successful was it.  When did AirCanada go public?

  • Why did Air Canada privatize?

  •  List the ways that Business affects a community.  Give an example of each

  • what are the parts of the business cycle and give an example of each

  • Define “standard of living”.  Define “Quality of Life”  What does each have to do with Maslow’s triangle

  • What is the difference between the Public Sector and Private Sector?  Give an example of each.  

  • What is an example of a business or service that is Public in Canada and Private in another country(USA)

  • What are 5 benefits of having a job?

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Business CH4

  • What are the 3 main resources that make up an economy

  • In a table list how the three major economic questions are answered by each of the 3 main economic systems.

  • What are the characteristics of free enterprise?

  • If Canadians were not allowed to own property how would that affect the economy

  • Define Modern Mixed Economy,  Give 3 examples of why Canada would be considered a Modern Mixed.

  • Define Private Sector,  and Public Sector.  List 3 services that are provided by each.

  • When was public health care started in Canada and how successful has it been?

  • When was Air Canada established and by whom, how successful was it.  When did AirCanada go public?

  • Why did Air Canada privatize?

  •  List the ways that Business affects a community.  Give an example of each

  • what are the parts of the business cycle and give an example of each

  • Define “standard of living”.  Define “Quality of Life”  What does each have to do with Maslow’s triangle

  • What is the difference between the Public Sector and Private Sector?  Give an example of each.  

  • What is an example of a business or service that is Public in Canada and Private in another country(USA)

  • What are 5 benefits of having a job?

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