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History test(Chapter 2) Dossier 1 & 2. December 3, 2012. Don’t know as good. Need more practice. Current context. What is GDP?. GDP is gross domestic product. Name the three sector’s in Quebec’s economy?. Primary Secondary Tertiary. What sector makes up most of Quebec’s gdp ?.
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History test(Chapter 2)Dossier 1 & 2 December 3, 2012
Don’t know as good. Need more practice Current context
What is GDP? GDP is gross domestic product.
Name the three sector’s in Quebec’s economy? • Primary • Secondary • Tertiary
What sector makes up most of Quebec’s gdp? • The tertiary sector
Name two functions of businesses? • Making investments • Creating jobs
What does sme stand for? • SME stands for small and medium entreprises
What event in world history brought a end to the great depression? • World war 2
Give three EFFECTS THAT THE GREAT DEPRESSION HAD ON PEOPLE? • Severe slowdown in the economy • High unemployment • No insurance
What is a recession? • A significant decline in eco activity
What is a depression? • A depression is a sustained depression
What are the five main reasons why we are in a recession? • Expensive gasoline • Abundant home foreclosures • Stock market crashed • Massive layoffs at top companies
What is a subsistence economy? A subsistence economy is enough to keep people alive, but little or no surplus
Why were the algonkians nomadic? • they were nomadic because they had to move around in order to find food
Why was trading between the natives and the French so important? • Because they traded furs and metals
What were the two staples in new france? • Dried salted cod • Furs
why were catholics so big consumers of fish? • For religious reasons, Catholic banned meat for almost 150 days during the year
At the beginning, which native group was the French’s main trading partner?
Who were the engages? • They were soldier to came to New France for 3 years in order to master a trade. It was called the thirty-six months.
What is mercantilism? • The power of a country is based on how much gold and silver it had.
Name four duties of the intendant In new France? • Controlled finances • Collected taxes • Granted seigneuries • Organized trades