Wednesday, October 30, 2013

Economy and Settlement

Geographic Distribution of Economic Activities
  • Four main regional pillars: resources, central, National Capital, Montreal and Laval
  • Resources region: processing and exporting
  • Central region: manufacturing and services
  • National Capital and Montreal and Laval: dealing with urban sectors and tertiary sector
The Role of Business
  • Private businesses is core of Quebec's economy
  • 75% of population work in private businesses
  • Small and medium-sized enterprises make up most of private businesses
The Importance of Exports
  • Quebec exports +$150 billion of goods and services
  • About 60% of 53.3% of its production are transported to different countries
  • Around 30% of its employment connected to exports
  • Majority of exports center in industries belong in secondary sector (processing metal, making transportation parts, etc.
Exporting Issues
  • Searching for opportunities with foreign countries to make commercial partners
  • Making agreements, constructing foreign-based economic missions while making protogés
  • Competing against rival businesses with low pay and environment laws aren't being forced upon
  • Quebec tries to level up the plain field with technology, good, and service
  • Invest in its research and development field and increase training newcomers
Employment and Unemployment
  • Satisfactory economic so unemployment is relatively low
  • The unemployment affects all of society
  • Government helps raise up employment, they in return don't waste goods
  • Quebec's unemployment is 10% less than Gaspesie-Iles-de-la-Madeleine
  • Education is an important aspect in employment. Higher education, better jobs and less unemployment

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