The 1970’s was a decade of large scale development projects in Atlantic Canada. The federal government spent large sums of money on big infrastructure projects and on promoting economic development in our region. In addition, the provincial governments, with the possible exception of Prince Edward Island, all went in search of large new businesses or major expansions of existing businesses. Some of these projects were successful while others did not get much beyond the planning stage.
For this assignment, each student will be assigned a specific period of time from the 1970’s to research. My part is Jan-April 1975. Your task is to find new large scale economic activity that occurred ( either planned or developed) in Atlantic Canada. The starting point should be a search of the Chronicle Herald newspapers for the assigned time period. Students will then select one of the projects for further review and study.
A written report of about 750 words should then be prepared. This report should include the following:
A abridged summary of the project you selected for review
The impact that this project has had on the economy and its status today
A list of other significant projects found during your initial research
Question 2
Read the article: Consequences of Unemployment and then respond to the following:
Based on your own life observations, identify one personal and one social consequence of unemployment in your country or society. What role, if any, do you believe the government should play to reduce negative consequences?
Please answer in 250 words or more. Use your own words – please do not copy and paste from a web site. Be sure to reference your sources.
Part 2
Please listen to this podcast from The Federal Reserve, “The Business Cycle.”, transcript attached. Consider how the economy has performed throughout your life. Identify a time you believed the economy was in a peak or a trough. When was the economy expanding? When was it contracting? Describe the overall trajectory of the economy throughout your life.
Please answer in 250 words or more. Use your own words – please do not copy and paste from a web site. Be sure to reference your sources.
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