POLS 3470 Chapter Notes - Chapter 4: Western Alienation In Canada, Political Machine, Planned Economy
8 Dec 2013
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Document Summary
Four recurrent issues and problems in canada"s economic history. Central role of government policies in promoting economic development and diversification. Challenges of responding to changing international economic conditions. Role of economic policies in promoting social harmony or cohesion. For most of its history, canada has been a land of underdeveloped economic potential. Regionally, dependence on one or two dominant staple industries has encouraged the pursuit of economic diversification as a major priority of economic policy. Resource dependence often made canada vulnerable to unilateral policy shifts by. Major shifts in commercial, trade, and investment policies of canada"s central trading partners require the government to adapt. Four turning points in political and economic history: economic panic of 1837. Canada emerged as separate transcontinental political/economic unit: post-civil war protectionism in us. Canada"s national policy imitated us economic nationalism. Fostered domestic industries and markets through high tariffs and large-scale investments in infrastructure (railways)
