Browse "Economy"

Displaying 41-60 of 84 results
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Gold Standard

The gold standard is a monetary system in which the value of the currency unit (the Canadian dollar, for example) is defined in relation to the value of gold.

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High Technology

Technology, along with labour, capital, resources and management, is one of the essential components of industrial production. Most classes of industry require some technological input, but the amount varies widely among industrial sectors.

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Home Economics

The study of home economics, which is based on both social and physical sciences, originated at the turn of the century in the US at a series of meetings of academics and national leaders in Lake Placid, NY, who were seeking remedies for the social ills of the day.

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Income Distribution

 Income Distribution refers to the share of total income in society that goes to each fifth of the population, or, more generally, to the distribution of income among Canadian households.

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Industrialization in Canada

Industrialization is a process of economic and social change. It is one that shifts the centres of economic activity onto the focus of work, wages and incomes. These changes took two forms in Canada, beginning in the 19th century. First, economic and social activities were transformed from agriculture and natural resource extraction to manufacturing and services. Second, economic and social activities shifted from rural cottage industries to urban industrial pursuits. Industrialized production took place under the privately owned factory system, in which a larger proportion of the population expected to be wage earners for all of their working lives. Therefore, industrialization brought major changes, not only in work and the economy, but in the way society was organized and in the relations among different groups in society. Although it has evolved over nearly two centuries, the process of industrialization is considered revolutionary — as the term Industrial Revolution suggests — because it marked the shift from feudalism to capitalism, and from agriculture to manufacturing and services — changes that fundamentally altered human existence.

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Inflation in Canada

Inflation popularly means rising general prices, most frequently calculated by the consumer price index (CPI) — a measure of the cost of a basket of commodities purchased by a typical family.

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Interest Rates in Canada

Interest is the price charged to borrow money. Expressed as a rate, interest is a percentage of the amount of money borrowed (the principal amount) that is to be paid for an agreed period of time. Interest can be paid by a borrower to a lender (e.g., to a bank), but it can also be paid by a bank to individuals whose money the bank uses to lend money to other borrowers. In Canada, interest rates are determined by the policy of the Bank of Canada, the demand for loans, the supply of available lending capital, interest rates in the United States, inflation rates and other economic factors. The Bank of Canada helps the Canadian government manage the economy by setting the bank rate and controlling the money supply.

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International Economics

International economics consists of two main parts. The first is international trade theory and commercial policy. The second is international finance and balance of payments theory and policy.

Macleans

Job Security and Outsourcing

So the meeting could have gone better. There was Mark Campbell, president of his own printing company, presenting to Kraft Canada Inc., executive level, in suburban Toronto. Initially, the meeting played exactly as Campbell had hoped.

Macleans

Jobs: Best and Worst

Caroline Armstrong is, in her own words, "an extremely organized person" - some might consider her a bit obsessive. Call it what you will, her attention to detail served her well during a 19-year career in customer service with Canadian Airlines.

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Labour Market

The labour market is a generalized concept denoting the interaction between the supply (number of persons available for work) and the demand (number of jobs available) and the wage rate.

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Laurentian Thesis

 Laurentian Thesis, an influential theory of economic and national development set forth by several major English Canadian historians from the 1930s through the 1950s.

Macleans

Martin Reports a Surplus

Finance Minister Paul Martin’s mission was clear in delivering his annual fall economic update. Douse hopes that much new spending is in the works. Dismiss the argument that Ottawa can afford a big reduction in Employment Insurance premiums.

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Mercantilism

Mercantilism is an economic theory that holds there is a fixed amount of wealth in the world and that a nation's prosperity depends on its success in accumulating wealth by exporting more than it imports, thereby earning profits from its exports.

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Minimum Wage

Minimum wage is the lowest hourly wage that an employer is legally permitted to pay to employees. There are 2 sets of minimum-wage laws, reflecting the division of powers between the federal and provincial governments.