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United States and Canada Economic Characteristics WG.4 Boston Pollution Acid Rain in the northeastern US (especially around BOSWASH) Washington, DC Pollution Exxon Valdez oil spill – 1989,off the coast of Alaska North American Free Trade Agreement NAFTA Economic Alliance created in 1994. Reduces trade barriers between Canada, Mexico, and the United States. • Diversified economy Economy •Abundant resources •Specialized industries The US is a very developed country with strong infrastructure, including modern transportation networks Modern transportation such as UPS, FedEx, and US Post Office. networks Infrastructure – the basic support system needed to keep an economy going. UNITED NATIONS • The US is a member of the United Nations an International Organization • Headquarters is located on an International piece of land in New York City RED CROSS The Red Cross is an international organization that cares for the sick and wounded, and for disaster victims. The US branch is very active. •New York, City, NY – a harbor site Sites (Actual locations of Cities) •Richmond, Virginia – a fall line city; the fall line is the division between the Piedmont and the Atlantic coastal plains areas of Virginia that is known for its waterfalls. New York, City Richmond, Va. SITES, • Pittsburgh, Pennsylvania – a confluence site; place where several rivers meet together to form one river. Pittsburgh, PA Remember THREE RIVERS! CONT… GO STEELERS! • Quebec City, Quebec – where the the St. Lawrence River narrows. QUEBEC VIDEO Quebec City SITUATION – (Relative location of cities) Omaha, Nebraska and Sacramento, California – Cities that grew up along the TRANSCONTINENTAL RAILROAD. TRANSCONTINENTAL VIDEO! Virginia Government Richmond, Virginia – the seat of the Virginia State government United States Government Washington. DC – the seat of the US national government ‘Sprawl” The growth of urban areas is called sprawl. Sprawl results in the conversion of farmland(agricultural land) to urban areas Highly developed countries Both the US and Canada are highly developed (industrialized) countries with an advanced (high) standard of living •Highly developed infrastructure •Sustained economic growth •Highly urbanized cities and culture •Highly diversified economies •High literacy rate • High Life Expectancy Natural Resources There is a rich supply of mineral, energy, and forest resources in both countries Finance This region is the center of world financial markets (Ex. New York City Stock Exchange) Multinational Corporations Many companies located in this regions are multinational. US culture is diffused throughout the world •McDonald’s •Coca – Cola •Blue jeans •Music