Unit 3: The United States and Canada Today

The United States and Canada have free enterprise economies. Goods and services vary from region to region. In some regions farmers raise grains, vegetables, and fruit. In other regions manufacturing industries make motor vehicles, iron, steel, machinery, and paper. Some regions have a knowledge economy based on industries such as biotechnology, information and communication technologies, and aerospace.

Because of global trade, Americans and Canadians enjoy goods from all over the world. However, the United States spends more on imports than it earns from exports. The opposite is true of Canada. Canada has a trade surplus. It is also the largest trading partner of the United States. This close relationship has made the two countries allies during several wars. Their industrial economies have also had an impact on the environment. Oil spills, deforestation, acid rain, and carbon dioxide levels have harmed the environment.



 
 
 
 
 

            


   
          

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