MGM101H5 Chapter Notes - Chapter 5: Foreign Direct Investment, Registered Retirement Savings Plan, Gross Domestic Product

• School: UTM
• Department: Management
• Course: MGM101H5
• Professor: Dave Swanston

Document Summary

Canada"s economy grow and prosper with the help of: abundance of natural resources, skilled labour force, sophisicaion of our technology-based businesses. Contribuing factors to economic development: core requirement to the stability and growth of any economic system lies in its ability to service and promote both the current and future economic acivity taking place. Ability to provide a stable environment for economic growth. Our economy contains the necessary factors of producion (i. e. roads, ports, uility systems, educated workforce, and technology-based business management systems that are essenial to the eicient and efecive development and delivery of goods and services throughout our economy) Our naional and provincial debt levels are within acceptable limits, with both our federal and provincial government working to reduce such debt loads. Our banking system is considered to be one of the most eicient and techno-savvy in the world.