THE U.S. and
CANADA TODAY
THE ECONOMY: KEY
TERMS
Market Economy
Monopoly
Post-Industrial
Global Economy
Central Business
District
Tariff
Retooling
Commodity
Arable
Trade Surplus
Outsourcing
ECONOMIC ACTIVITIES
Market Economy- people own, operate, and make profits from
their OWN businesses
MANUFACTURING
Equals 20% of total North American Production
Manufacturing Belt (Rust Belt)
Great Lakes Area
Export Centers
Aerospace and Aircraft manufacturing
Washington and California
Midwest- automobiles
California and Northeast- food processing
Canada- wood production
AGRICULTURE
Commodities (goods) produced for sale
1 billion acres in US
167 million in Canada
In US farming declining b/c of cost, demand,
natural disaster, and too hard
Wheat Belt
Prairie Provinces of Canada
Great Plains (US)
Corn Belt
Ohio to Nebraska
Quebec, Ontario, and Manitoba
TRANSPORTATION &
COMMUNICATION
RoadsCommuting and transportation of goods
Trans-Canada Highway- 4,860 miles
PROBLEM: Congestion
Air Travel
Hartsfield (Atl)
O’Hare (Chicago)
Pearson (Toronto)
Railroads
Commuting and transportation of goods
Freight
TRANSPORTATION &
COMMUNICATION (cont)
Communication
Cellular and digital communication
services
TV, Internet, Radio, News Papers
TRADE &
INTERDEPENDENCE
Global Economy- countries dependant on each other
US
Trade deficit- import more than export
High tariffs on imported goods
Canada
Trade surplus- export more than imports
Small population= less energy costs
NAFTA
1989- FTA bet. Canada and US
1994- NAFTA- to include Mexico
Outsourcing- businesses abroad for domestic sales
CHALLENGES
Terrorism
Smart Border Action Plan
Flow of people and goods
Secure infrastructure
Sharing of info
Free and Secure Trade (FAST)
Tracking of cargo
Intelligence sharing
THE PEOPLE & the
ENVIRONMENT
KEY TERMS
CLEAR CUTTING
OVERFISHING
ACID RAIN
SMOG
EUROTRIPHICATION
MANAGING RESOURCES
Clear-cutting- clearing out forests for timber
Related to conversion = land for agriculture
or housing
Overfishing = aquaculture
Wolf poaching- overpopulation of Elk
THE HUMAN IMPACT
Acid-Rain- cars, power plants, factories release Sulfur
Dioxide and Nitrogen Oxide
Mix w/ water vapor and falls in in the form of rain
Kills crops and can damage water supply
SOLUTION: emission reduction
Smog
SOLUTION- Clean Air Practices
Water Pollution
Raw sewage and industrial waste contaminate
groundwater
Eurotriphication- overgrowth of algae; oxygen depletion
THE FUTURE
1972- Great Lakes Water Quality Agreement
US- Clean Water Act
NAFTA- monitoring pollution along Rio Grande
Global Warming
Greenhouse gases
Inuit- In Alaska and Canada foodless b/c the seals and
caribou are moving North
SOLUTION
Less dependence on fossil fuels
Lessening of emissions