The economy of Canada is among the largest economies in the world in relation market exchange rates measured in US dollars. Canada is therefore one of the wealthiest nations in the world. This country is ranked eleventh largest economies in the world and it is one of the members of the Organization for Economic Co-operation and Development (OECD).This country is also a member of Group of Eight called G8.The service industry dominates the Canadian economy like the rest of the developed nations. The service industry in Canada therefore employs around 75% of the Canadians. The Canadian economy has also ...
World Economy Theses Samples For Students
3 samples of this type
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1.1 Introduction
Recent growth and developments of the U.S economy indicates that the manufacturing sector is still leading. The impressive gains indicate surprising developments in the industrial sector with doubling previous rates in output. However, the U.S manufacturing sector has seen high rate of shifting to a dangerous move of depending on imports to acquire raw materials and intermediate goods for their industries. This is especially from upcoming economies such as China that are well sourced with these materials. The raw materials mostly imported are for automotive industries and majorly include rare earth metals and minerals such as cobalt, ...
Impact of Unemployment on the Long Term
The unemployment is defined as the state of looking for a job and not being able to get a job. The unemployed people are willing to be in the labor market; however, the economies cannot produce enough jobs for all the workers. The unemployment might continue the long term, especially after the recession times in the national economies (Krueger, Cramer and Cho 230). The ability to create new jobs is very essential for the national economies. The recession times in the world cause an increase in the unemployment rate, and some of the unemployments are long-term unemployments. The most ...