SOSC 1340 Lecture Notes - Lecture 6: Progress Trap, Stone Age, Resource Depletion

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Canadian approach to political economy the staples approach . Looked at canadian issues (investment and ownership, natural resources and dependency on united states. On exam staples theory: trade between metropolitan centers and colonial periphery. Staple: raw materials that would be exported and transformed into finished products (luxury goods (in mother country) Then ports and railroads came forward in order to ship these refined raw materials and final goods internationally (capitalism, international investment, growth of markets) Innis says that canada"s economic plan has not changed. Staples stated we need to find new resources to export. Canada is not concerned with increasing brain power of domestic jobs. European hat craze: indians in canada helped the fur trade with the beaver furs. American indians were enemies to american settlers as they were pushed off their productive land for agriculture and resources. Canada is in the staples trap as we do not produce enough of our own product.

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