In This Section

In This Section

In this section, two workbooks prepare you to respond to the Section 1 inquiry question:

How do the Canadian and the United States economic systems work?

In the workbooks, you will have opportunities to explore the economic decision-making in Canada and the United States.

Synopses

Workbook 14

Activity 1: Market and Mixed Economies

The activity introduces you to market economy and mixed economy through these inquiry questions: What is market economy, mixed economy, and command economy?  What are the underlying values and beliefs in market economic systems?

Activity 2: Scarcity

The activity introduces you to the concept of scarcity by responding to these questions: What does scarcity mean to me?  How do the economic systems of Canada and the United States differ in answering the basic question of scarcity?

Workbook 15

Activity 1: Government Involvement in the Economy

The activity introduces you to government intervention in the economy through an examination of this inquiry question: How do my government and the government of the United States get involved in the economies?

Activity 2: The Impact of Labour Unions

The activity introduces you to labour unions by responding to these questions: How has the emergence of labour unions impacted my quality of life and identity as a Canadian? How do labour unions impact market and mixed economies?

Activity 3: My Role as a Consumer

The activity introduces you to the role of a consumer by responding to these questions: What is my role as a consumer in market and mixed economies?  How does my role as a consumer reflect my individual and collective identity?