Look in attachments for the Chapter 11: The Atlantic Economy notes

Knoow the following: 

• What are the four sectors of an economy? Primary, Secondary, Tertiary, Quaternary
• What are the tops jobs found in each of those sectors?
• What are the main Primary industries in Atlantic Canada? In New Brunswick?
• What are the 3 conditions for a material to be considered a natural resource? Answer =first, it must be a material; second, it technology must be advanced to exract it; thirdly, it must be economical or worth it to extract it.
• What types of farming are there in Atlantic Canada? Answer: vegetable, livestock, dairy, egg, fur, mixed farm
• What is the difference between first-stage and second-stage manufacturing?
• What are the four types of Secondary Industry? Answer: manufacturing, construction, transportation, utiities
• What are the seven reasons for locating a secondary industry where we do? Answer = raw materials, linkages, energy, markets, location, labour force, & financing. Be able to explain each
• How do tertiary and quaternary industry differ from primary and secondary? Answer = they provide services rather than goods.
• Be able to show the close link of all four industries to a specific raw material.  Answer = look at chart on p.158 #1
• What are three ways an old economy differs from a new economy? Answer = Main industry is resource based vs. knowledge-based for new economy, labour force was manual workers vs. information processors, education was basic vs. advanced, literacy was desirable vs. essential, technology was slow moving vs. rapidly changing for new (all found in Table 11.13 p.175)