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Cultural and ethnic studies (pdf)

   

Added on  2021-05-25

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CULTURE AND ETHNIC STUDIES CANADAStudent’s NameInstitution Affiliation

Name2The Canadian economy has experienced some difficult times in the past. The astoundingly positive atmosphere between the early 1970s and the end of Second World War leftCanada with a generally healthy economy as compared to the ruined European nations. Besides, sustained and sizable productivity gains emerged through the 1950s and 60s. These gains mirrored the agricultural revolution and the constrained expansion and modernization of the Canadian industry amid the Second World War and additionally the sudden transformations of industrial processes and technology that followed (McInnis and Pomfret 1983).This considerably raised the Canadian standards of living rather than the post-war depression many had dreaded. Despite some workers leaving agriculture, the employment rate remained small. However, the fast economic growth led to the increase in tax revenues that the government could use on an undeniably wider social security net without affecting the taxpayer much.World War II had changed Canada, both as far as financial improvement and national pride. Wartime industrialization significantly developed the manufacturing sector of Canada's economy, enabling the nation to become a world pioneer in industries such as chemical processing and car manufacturer, while the discovery of oil in the Alberta in 1947 put Canada onthe map as one of the greatest producers of oil in the planet. As education became more affordable, more Canadians pursued careers in new, non-physical divisions of the economy, for example, finance, science, media, engineering as well as an ever-developing government.This allowed more Canadians to benefit from comfortable lifestyles, middle-class jobs as well as the growth of rural communities, which occupied the vacant zones near the cities where small families could build their life. This showed the Canadian new standard of living.

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