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Chapter 11/12 Vocabulary Aquaculture Raising and harvesting fish or aquatic plants in a controlled environment Contour Plowing Plowing horizontally along slopes instead of up and down in order to prevent soil run-off during heavy rains Allowable Annual Cut The limited amount of timber that can be cut in a province each year First Stage Manufacturing: Initial Processing of Raw Materials Ex: Cut trees milled into lumber Second Stage Manufacturing Use of processed materials to make finished product Ex: Using Lumber( wood) to make furniture Diversification The process of making the economy more varied. Ex: Producing a wider range of goods and services so we are not reliant on primary industries. Q: Why is that a good thing? Diversify To become a more varied economy Natural Resource Are materials found in the environment Ex: Branch Plant A plant or factory owned by a company based elsewhere. Ex: Quality of Life Standard of living. Based On: -GDP per person -birth rate -death rate -Life Expectancy -literacy and equality Regional Disparity Wealth gap among provinces or regions of the country. Which provinces have more Money? Which provinces have less? Seasonal Employment Employment for only part of the year for industries tied closely to to weather and seasons Ex: Brain Drain Migration of highly educated people away from an area. Why? Outmigration Movement away from an area Q: In Canada which provinces are hardest hit by this? Where are people going? Transfer Payments Federal Government program to transfer some of the tax money collected in provinces with a high GDP to provinces who has less. Q: Which provinces are giving up money? Q: Which Provinces are receiving Money?