SOSC 1000 Study Guide - Final Guide: Glass Ceiling, Environmental Health, Class Stratification

• School: York University
• Department: Social Science
• Course: SOSC 1000
• Professor: Terry Conlin

Document Summary

If your economy is to be heavily dependent on natural resources you should use them to try to escape that dependency. Backward linkage: investing in domestic production of inputs for the export industry (should take some of the export money you make and use it to buy tools for the export you exploit) Ex: cutting down trees to export to europe. Invest some earnings in axes, creating new economic opportunity. Forward linkage: using output of export industry as input. Ex: send fish to europe to be canned as oppose to canning it now then sending it. Final demand linkage: investment in domestic industries which produce consumer goods for those in the export industry. Leakage: so much of our economy and natural resources is foreign owned and its not in the best interest of foreign countries to develop these linkages in canada.