1. Globalization lets big agribusinesses sell their products in more countries, making goods cheaper for consumers. But small local farmers struggle because they can’t compete with the big companies, and it may reduce the variety of locally made products for consumers.
2. Outsourcing helps companies save money and lower prices for consumers, but it can lead to job losses in developed countries where factories close. While it helps global businesses, it hurts workers in places like Canada and the U.S.
3. When products are cheaper from overseas, consumers save money, but local businesses and workers can lose out. It may lead to fewer jobs and hurt local economies because people aren’t buying as much from local stores.
4. Natural disasters can damage businesses, homes, and infrastructure, costing a lot of money. The government can help by preparing better for disasters, making buildings stronger, and supporting communities with financial help and rebuilding efforts.
5. In the short term, a global recession can lead to job losses and less spending in Canada. Long-term, it can slow down growth and make it harder for people to find good jobs. Canada may also face trouble because of its reliance on global trade.
6. Canada could help by offering loans or aid to struggling countries, which might keep the global economy stable. But there are risks, like Canada losing money or getting caught in international politics. The reward is helping keep trade steady and improving relationships with other countries.
7. The government helped auto manufacturers in 2009 to save jobs and keep the auto industry going. It worked in keeping some jobs, but it didn’t fix long-term problems in the industry, so some say it wasn’t enough.
8. Relying on oil from the Middle East is risky because of political problems and price changes. Canada can reduce these risks by using more renewable energy and finding other oil sources so it’s not too dependent on one region.
9. Boycotts can be effective if lots of people join in and hurt a company’s profits. But if the boycott isn’t big enough, it might not get the company to change. Still, it can make a statement if done right.
10. Yes, social media helps spread the word quickly, reaching lots of people. It can bring attention to causes and help people organize faster than ever before, making social movements stronger.
11.Movements like Idle No More have been good at raising awareness by using social media and holding protests. They’ve brought attention to important environmental issues, but real change depends on how governments and companies respond.