Search for "Industrial Revolution"

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Capitalism in Canada

Capitalism is an economic system in which private owners control a country’s trade and business sector for their personal profit. It contrasts with communism, in which property effectively belongs to the state (see also Marxism). Canada has a “mixed” economy, positioned between these extremes. The three levels of government decide how to allocate much of the country’s wealth through taxing and spending.

Article

Railway History in Canada

The development of steam-powered railways in the 19th century revolutionized transportation in Canada and was integral to the very act of nation building. Railways played an integral role in the process of industrialization, opening up new markets and tying regions together, while at the same time creating a demand for resources and technology. The construction of transcontinental railways such as the Canadian Pacific Railway opened up settlement in the West, and played an important role in the expansion of Confederation. However, railways had a divisive effect as well, as the public alternately praised and criticized the involvement of governments in railway construction and the extent of government subsidies to railway companies.