In Theme 4, you:

• learned what the economy is
• learned about goods and services
• learned about supply and demand
• learned about the countries Canada trades with
• learned about the goods countries produce
• learned where some of the products you have in your home come from
• learned why Canada imports and exports goods
• learned about the factors that have contributed to the expansion of economic globalization since World War II
• learned about the effects of trade on Alberta and other countries
• learned how trade affects people and the land
• learned how large companies set up their businesses around the world
• learned about the costs to produce products
• learned how companies sell their products to consumers
• learned more about quality of life and about standard of living
• learned what constitutes poverty
• understood the difference between wealthy (developed) nations and emerging (developing) nations