9.2 Canada and the United States Mixed and Market Economies Mixed Economy A mixed economy is an economy that combines private and government businesses. For example, small businesses and privately owned companies own some resources or services and the government owns others. Market Economy A market economy is an economy where individual businesses can make their own decisions and the government does not get involved. In these economies, the country’s resources are owned by companies and individuals, not the government. 1. To better understand the difference between mixed and market economies, follow the steps below. Step One: Describe the differences and similarities between a mixed economy and a market economy using a Venn diagram. Step Two: Discuss the differences and similarities with a group and decide which economy exists in Canada. Write an argument to prove your decision and support your argument with real-life examples. Use these tools: F Venn Diagram F Developing Your Argument Where to Start on the Web http://www.cssd.ab.ca/tech/social/tut9/lesson_12.htm Knowledge and Employability Studio Social Studies ©Alberta Education, June 2006 (www.LearnAlberta.ca) Grade 9: 9.2 Canada and the United States Mixed and Market Economies Mixed and Market Economies 1/8 2. Why is Canada viewed as having a mixed economy? Work with a group to create an argument for why Canada has a mixed economy in which you include examples and evidence. Think about the government’s involvement in the economy in Canada. Use these tools: F Developing Your Argument Summarize the key points of your group’s argument in the space below. Labour Union A labour union is an organization formed to serve the interests of its members, with respect to wages earned and working conditions. 3. List the labour unions represented in your community. Knowledge and Employability Studio Social Studies ©Alberta Education, June 2006 (www.LearnAlberta.ca) Grade 9: 9.2 Canada and the United States Mixed and Market Economies Mixed and Market Economies 2/8 Labour unions: • ensure a standard rate of pay (e.g., hourly wage, when overtime is received and how much) • ensure various working conditions and standards are met (e.g., safety regulations and conditions, tools and supplies) • ensure workers receive benefits, such as medical, dental coverage. Where to Start on the Web http://www.caw.ca/index.asp http://www.cupe.ca/ http://www.ilwu.ca/ http://www.iamaw.ca/ http://www.seiu.org/ http://www.teamsterscanada.org/ http://www.twu-canada.ca/ http://www.ufcw.ca/ http://www.uswa.ca/ http://www.boilermakers.org/ http://www.ibew353.org/ http://www.iww.org/ www.ua.org/ Use this tool: 4. Review the Web site of a labour union represented in Canada and fill in the organizer that follows. F Preparing for an Internet Search Name of union: Web site address: How many members does it have in Alberta? How many members does it have in Canada? What types of workers belong to the union? What does the union do for its members? What issues is the union concerned with? Knowledge and Employability Studio Social Studies ©Alberta Education, June 2006 (www.LearnAlberta.ca) Grade 9: 9.2 Canada and the United States Mixed and Market Economies Mixed and Market Economies 3/8 5. Based on what you have learned about unions, how do you think they can affect a market economy? Discuss this topic with a group and write an answer below. Use this tool: F Discussion Notes Labour unions can affect a market economy by: 6. Based on what you have learned about unions, how do you think they can affect a mixed economy? Discuss this topic with a group and write an answer below. Use this tool: F Discussion Notes Labour unions can affect a mixed economy by: Knowledge and Employability Studio Social Studies ©Alberta Education, June 2006 (www.LearnAlberta.ca) Grade 9: 9.2 Canada and the United States Mixed and Market Economies Mixed and Market Economies 4/8 7. Share your answers for the previous two questions with a new group. Listen to the answers of other members of the group and compare your answers with theirs. Points That Were the Same as My Answers Knowledge and Employability Studio Social Studies ©Alberta Education, June 2006 (www.LearnAlberta.ca) Points That Were Different than My Answers Grade 9: 9.2 Canada and the United States Mixed and Market Economies Mixed and Market Economies 5/8 8. It is a responsibility of the government to help improve or maintain our quality of life. To do this, the government sometimes uses its powers to affect the economy of a community for various groups of people. For example, the Canadian government provides financial aid to farmers when their business is suffering, due to things beyond their control. When Mad Cow disease was found in Canadian cattle, the border to the United States was closed to Canadian cattle farmers and the farmers could not sell their cows to the United States. The government helped farmers by giving them some of the money they lost, due to lost sales. Otherwise, the quality of life of the farmers would have suffered. According to Department of Finance Canada: http://www.fin.gc.ca/fin-eng.html In 2004, the Canadian government gave four billion dollars of aid to Canadian farmers and other food producers. Find two other examples of this type of government aid that helped businesses and the people who run them and work there maintain their quality of life. Think about: • • tax breaks or lowered taxes given to certain businesses help given to important businesses at risk of closing their doors. Fill out the following organizers with the information you find. Knowledge and Employability Studio Social Studies ©Alberta Education, June 2006 (www.LearnAlberta.ca) Grade 9: 9.2 Canada and the United States Mixed and Market Economies Mixed and Market Economies 6/8 Example 1: Financial Aid for Businesses Who were the businesses involved? What help did the government provide? Why did the government give this help? Example 2: Financial Aid for Businesses Who were the businesses involved? What help did the government provide? Why did the government give this help? Knowledge and Employability Studio Social Studies ©Alberta Education, June 2006 (www.LearnAlberta.ca) Grade 9: 9.2 Canada and the United States Mixed and Market Economies Mixed and Market Economies 7/8 9. Compare how the Canadian government and the American government affect the economy. Discuss your answers to the following questions in groups and jot down your main ideas below. What are some examples of how the American government affects businesses? Is the American economy a mixed or market economy? Why? 10. Based on your answers to the previous questions, create a Venn diagram that compares the Canadian and American governments. Use this tool: F Venn Diagram 11. Scan television video clips, Internet, newspaper articles and other media for articles about mixed and market economies or labour unions. For example, look for news stories about government involvement in the economy, labour strikes, labour disputes or economic regulations/rules. Choose a news story and fill out the five Ws (who, what, where, when, why) and one H (how) of the story. Knowledge and Employability Studio Social Studies ©Alberta Education, June 2006 (www.LearnAlberta.ca) Use this information sheet and tool: F News Story Search F Question Organizer I Grade 9: 9.2 Canada and the United States Mixed and Market Economies Mixed and Market Economies 8/8
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