BUSI 1600U Chapter 4: Chapter 4.docx

• School: UOIT
• Department: Business
• Course: BUSI 1600U
• Professor: Shaprio, Morden

Document Summary

Chapter 4: the role of government in business. Government activities that affect business are in 6 categories: Every country"s government is involved in its economy, but the specific ways in which the governments participate vary a great deal. When canada was formed as a country in 1867, the federal government was given the power to. National policy government directive that placed high tariffs on imports from the us to protect canadian manufacturing, which had higher costs. Placed high tariffs on imports from the us to protect canadian manufacturing, which had higher costs. The 2 issues (canada-peru free trade agreement and canada-european free trade association) has set the tone for the continuing and substantial involvement of canadian governments in developing and maintaining the canadian economy. Crown corporation a company that is owned by the federal or provincial government. Provide services that were not being provided by businesses, which is how air canada came into being in the 1930s.