Question

12 multiple choice 6.68 points
how does the canadian economy benefit from its natural resources?
○ by using them to build a strong manufacturing base only
○ by exporting them to other countries only
○ both by using them to build a strong manufacturing base (with factories and industries) and by exporting them to other countries.
13 multiple choice 6.68 points
how does the mixed economy of canada affect its citizens?
○ the government controls all businesses
○ all businesses are publicly owned
○ there is a combination of government regulation and private enterprise
14 true or false 6.68 points
canadian citizens do not have a voice in their government. they do not vote for the legislative branch of government
○ true
○ false
15 true or false 6.68 points
canada invests extensively in human capital and capital goods
○ true
○ false

Explanation:

1. For question 12: Canada uses natural resources to develop domestic manufacturing and also exports them, so both actions benefit the economy.
2. For question 13: A mixed economy combines government oversight and private business ownership/operation.
3. For question 14: Canadian citizens vote for the legislative branch, giving them a voice in government.
4. For question 15: Canada invests in human capital (education, training) and capital goods (infrastructure, machinery) to support its economy.

Answer:

1. Both by using them to build a strong manufacturing base (with factories and industries) and by exporting them to other countries.
2. There is a combination of government regulation and private enterprise
3. False
4. True