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World Geography / Unit 5: North America

5.6 Economy and Trade

3 practice questionsNot yet reviewed

Notes

The United States and Canada have two of the world's most developed economies, with large service sectors.

  • The tertiary sector is the largest in both. The US also leads in finance, technology (Silicon Valley), entertainment and agriculture.
  • The Corn Belt and Great Plains grow corn, soybeans and wheat. Canada's prairies also grow wheat.
  • Canada exports energy, minerals and forest products; Great Lakes ports ship ore and grain through the St. Lawrence Seaway.
  • The US, Canada and Mexico trade under USMCA. Canada and the US are each other's close partners.
  • Interstate highways, railroads, ports and airports tie the economy together.

Practice

A large share of workers in both countries are in which sector?
Which area is a center of computer and internet technology firms in California?
Which agreement links the economies of the US, Canada and Mexico?

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