SOCA02H3 Chapter 13: Chapter 13 Notes
Document Summary
Three revolutions y the economy is the institution that organizes the production, distribution, and exchange of goods and services; analysts divide the economy into three sectors: The primary sector includes farming, fishing, logging, and mining. The secondary sector, raw materials are turned into finished goods; manufacturing takes place. The tertiary sector, services are bought and sold y three truly revolutionary events have taken place in the history of human labour; in each revolution, a different sector of the economy rose to dominance: first came the. Agricultural revolution, then the industrial revolution, then the revolution in services. The harvesting and extracting of these staples propelled early economic development in canada. International exploration, trade, and commerce stimulated the growth of markets form the. Industrial revolution y although canada began as a staples economy, a stronger manufacturing sector gradually developed, especially in southern ontario and quebec.