4.1 Trade and Economic Growth

#1. One of the reasons Canada became prosperous after the second World War was the opening of the world economy through more open trading policies among nations.

True

False

#2. Which organization has replaced GATT as the global body that oversees trade agreements between nations of the world?

United Nations

World Bank

The Commonwealth

World Trade Organization

#3. What started Canada’s modern energy industry?

GATT (WTO) replacing the more restrictive trading policies prevalent during the Depression era prior to the war

Discovery of oil in Alberta in 1947

Opening up of opportunities for global trade

More open trading treaties between nations

#4. What were the reasons for Canada’s record prosperity and material progress after the Second World War?

Select all that apply:

GATT (WTO) replacing the more restrictive trading policies prevalent during the Depression era

Canadians found huge deposits of gold in Yukon

More open trading treaties between nations

Opening up of opportunities for global trade

#5. What city is known as Canada’s financial capital?

Montreal

Toronto

Vancuver

Quebec City

#6. What made Canada one of the strongest economies among the industrialized nations of the world between 1945-1970?

Gold mining

Pioneering clean energy technologies

Increased trade with other nations, especially with the USA

Emergence of a large manufacturing sector

#7. When was Old Age Security introduced in Canada?

1937

1957

1927

1947

#8. When did Canada’s modern energy industry begin?

1957

1947

1937

1927

#9. What are some of the social assistance programs that Canadians enjoy? Choose the best answer.

Basic healthcare coverage, Employment Insurance, Old Age Security, Canada/Quebec Pension Plans, Publicly funded school education, and universal basic income

Basic healthcare coverage, Employment Insurance, Old Age Security, Canada/Quebec Pension Plans, Publicly funded school education, and paid vacations

Medicare, Employment Insurance, Old Age Security, Canada/Quebec Pension Plans, and Publicly funded school education

Basic healthcare coverage, Employment Insurance, Old Age Security, Canada/Quebec Pension Plans, and Publicly funded school education

#10. The open trading treaties of the depression era were replaced with more restrictive trading policies among nations of the world after the Second World War.

True

False

#11. When was oil discovered in Alberta?

1937

1927

1947

1945

#12. When were the Canada and Quebec pension plans introduced?

1957

1967

1955

1965

#13. When did Canada and the USA become each others’ major trading partners?

1945-1970

1776 – 1867

1988 – 2015

1814-1900

#14. When was Unemployment Insurance introduced by the Federal government?

1970

1951

1940

1947

#15. What was GATT?

Global Agreement on Tarriffs and Treaties

Global Agreement on Tarriffs and Trade

General Agreement on Tarriffs and Reverese Tarrifs

General Agreement on Tarriffs and Trade

#16. Publicly funded school education in Canada is provided by the Federal government.

True

False

#17. Discovery of oil in Alberta in 1947 began Canada’s energy industry.

False

True

#18. Canada became one of the strongest economies among the industrialized nations of the world between 1945-1970.

False

True

#19. Which Act ensures a basic standard of healthcare coverage for all Canadians?

Health Act

Universal Health Act

Canada Health Act

Provincial Health Act

#20. What made is possible for postwar Canada to develop and provide many social assistance programs that Canadians enjoy today?

Trade unions

Civilian protests

A communist government

Prosperity fueled by international trade

#21. When were the majority of Canadians first able to afford the basic necessities of life – adequate food, shelter and clothing?

1982

1880

1951

1867

#22. What does WTO stand for?

World Trade Organization

World Treaties Organization

World Traders Organization

World Tariff Organization

#23. What is the federal Unemployment Insurance known as now?

Employment insurance

Unemployment insurance

Insurance of Employment

Insurance of Unemployment

#24. What has contributed to Canada having one of the highest standards of living in the world today?

Hard work of Canadians

Medical innovations

Trade with other nations, especially with the USA

High tech leadership

Results

#1. One of the reasons Canada became prosperous after the second World War was the opening of the world economy through more open trading policies among nations.

#2. Which organization has replaced GATT as the global body that oversees trade agreements between nations of the world?

#3. What started Canada’s modern energy industry?

#4. What were the reasons for Canada’s record prosperity and material progress after the Second World War?

#5. What city is known as Canada’s financial capital?

#6. What made Canada one of the strongest economies among the industrialized nations of the world between 1945-1970?

#7. When was Old Age Security introduced in Canada?

#8. When did Canada’s modern energy industry begin?

#9. What are some of the social assistance programs that Canadians enjoy? Choose the best answer.

#10. The open trading treaties of the depression era were replaced with more restrictive trading policies among nations of the world after the Second World War.

#11. When was oil discovered in Alberta?

#12. When were the Canada and Quebec pension plans introduced?

#13. When did Canada and the USA become each others’ major trading partners?

#14. When was Unemployment Insurance introduced by the Federal government?

#15. What was GATT?

#16. Publicly funded school education in Canada is provided by the Federal government.

#17. Discovery of oil in Alberta in 1947 began Canada’s energy industry.

#18. Canada became one of the strongest economies among the industrialized nations of the world between 1945-1970.

#19. Which Act ensures a basic standard of healthcare coverage for all Canadians?

#20. What made is possible for postwar Canada to develop and provide many social assistance programs that Canadians enjoy today?

#21. When were the majority of Canadians first able to afford the basic necessities of life – adequate food, shelter and clothing?

#22. What does WTO stand for?

#23. What is the federal Unemployment Insurance known as now?

#24. What has contributed to Canada having one of the highest standards of living in the world today?