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Summarize the structure of the Canadian Economy. Is it a market, command, or mixed economy? Explain...


Summarize the structure of the Canadian Economy. Is it a market, command, or mixed economy? Explain how you know.

What is Canada’s largest industries?
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Answer #1

Summarize the structure of the Canadian Economy. Is it a market, command, or mixed economy? Explain how you know.

Canada's economy stucture is considered to be a market economy whereby the forces of demand and supply determine the production and prices in the economy.
Canada has the largest reserve of natural resources which demands for a large labor force. It has been characterised by large competition among privately owned businesses which is the driving factor of a market economy.It has been highly dominated by the private sectors. Also, another factor playing an important role in Canadian economy is its diversity in economic sphere from services to manufacture to agriculture.

What is Canada’s largest industries?

Largest industry- Service Sector industry.

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