ADMS 1010 Lecture Notes - World Trade Organization, General Agreement On Tariffs And Trade, Adam Beck
Document Summary
Lecture five: the canadian auto industry: industrialization and trade policy. For many years, the automotive industry has been the largest industry in ontario. It is because of the beginnings of this industry that leads to this. The following are all important factors contributing to the economic growth of canada: The four determinants of a successful growth are: Re-assessing the bank act every 10 years is proof that people continually seek out a stable system. This is not important till more modern times. Early 20th century: canada and the stern model. In the early 20th century, the gdp per capita remained fairly steady in its growth until after the great depression. After that point, there was a huge rise in the growth rate in canada. Initially, the state encouraged industry and supported business. Tried to incorporate immigrants into the workforce. Was very concerned with imports, exports and increasing business. There was a shift in the way that the government was involved.