3.3 Productivity and the changing workplace 

==Productivity==

productivity: The amount of output with respect to the amount of input.

How is it measured: It’s measured by GDP per capita. (Gross domestic product)

Canada’s productivity is lowered than the united states because American businesses constantly invest more money in machinery, equipment, communication , and information technology than Canadians do.

Canadians can improve productivity by: Increasing investment in machinery and equipment, Attracting more foreign investment, Expanding Canadian investment in foreign countries, Rationalization (Reorganization, downsizing, moving to a lower cost country) and Increasing spending on science and technology

==Canada Exports: Rubber==

Where does rubber come from?: Rubber comes from a tropical tree called rubber tree and it’s found in either South America or Southeast Asia. 

How is rubber made?: Rubber is made from tree bark. It’s is slit then the latex is extracted, the juice is then sent to factories where the machines flatten it and add color.

How is rubber important to Canada’s economy: Rubber is very important to the Canadian economy because it’s used for tires, boots and elastic bands. Tires are the most important; Majority of Canadians drive so it’s necessary to have tires ready for the winter and for everyday use. 

Why does Canada import rubber?: Canada imports natural rubber because petroleum is a non-renewable resource and its extraction is damaging to the environment. 

Why does natural rubber grow in popularity?: Natural rubber will grow in popularity because of its sustainability. 

==The changing workplace==

You will have between 10 to 14 jobs before you reach your 40s

Increasing the rate of change

Companies becoming leaner and competitive, includes outsourcing to countries with cheaper labour and hiring more temporary employees.

Availability of potential employees: Using telecommuting employees can use computers and other technology to work from almost anywhere in the world.

It also allows workers to spend some days working from home instead of in the office

Telecommuting: The use of computers and other technology to work from one’s home for a company located almost anywhere in the world.

==HDI==

==Global Competitiveness Report==

==Review all chapter questions and activities==