Even though the standards are uniform in all counties and cities, both are permitted to include more restrictive regulations which could depend upon the weather, geological and topographical circumstances. These adoptions must nonetheless be documented and submitted to the commission. As areas and towns differ in conditions of topographical and geological circumstances the Title isn't too restrictive. These problems could be determined by a few factors like the place and its susceptibility to natural disasters such as mudslide, earthquakes or floods. Counties in areas exposed to earthquakes, for instance, restrict development of high rise structures.
Newfoundland made the right decision in joining Canada in 1949 because in return they were given the promise of prosperity and security due to family allowance, higher standards of living and relief of debt. When Newfoundland joined Confederation, it was by far the the poorest province. Billions of dollars of equalization payments later and investments into the province by the Federal Government, now means Newfoundland is richer than the average Canadian province and has not qualified for equalization payments since 2008. The first reason why Newfoundland made the right decision in joining Canadian Confederation was because Canada relieved Newfoundland of the financial debt burdening it.
By becoming a member of Confederation, Ontario will have access to the facilities and resources of the entire country, enabling them to grow into the West and integrate themselves into the
This would include, production rate, how much people get payed, and prices on goods/services. Advantages: Some of the advantages of a planned economy would comprise, no one is in poverty/homeless, equal amount of wealth, and everyone has an occupation. Disadvantages: Some of the disadvantages of a command
"It should not, therefore, be expected that this kind of nation this Canada, should project itself as a mirror image of the United States" (ED FINN,2015 pg.14). The effect that the Multiculturalism Policy of 1971 had on Canada was a defining moment in our history. It showed equality and diversity in our everyday society. Multiculturalism is the presence or support of multiple ethnic and cultural groups that are distinct in a society. This policy was enacted by the Canadian Prime Minister, Pierre Elliott Trudeau, to preserve the rights of all Canadians.
Learning to teach in a way that accommodates and incorporates multiple cultures, religions, and world views is an important aspect of a teacher’s job. Culture includes a person's or groups' “beliefs, values, and behaviours” and is “embedded in everything that we do” (James, 2003, 25). Canada continues to rely on immigration to function as a nation, consequently Canada is “one of the world’s major immigrant nations” (Ghosh, 549). In the five year period between 2001 and 2006, the percentage of the population born outside of Canada grew from a little over three percent to almost twenty percent (James, 2003, 179). Canada’s culture, therefore, is a combination of cultures that originate from across the globe, and they cannot be ignored.
This in turn provides many benefits. For example, people would no longer need to worry about financial and food related problems. This allows it to be less stressful and in turn the morale of the population is much higher than those of a traditional system, like Machiavelli’s. Similarly, More’s
The centralization led to economic growth. Central planning allowed the government to set production targets and coordinate economic activity
It also serves the interests of capitalism as private wealth is passed on to future generations who will maintain the owning all the property and
In explanation, the central-planned economy was a type of economic system where the Government owned the means of production, the industrial asset, the collective farming and the centralized planning or in short, the Government controlled all the economy (Hanson, 2003). These powers were implemented throughout a series of Five-year Plans setting goals of development for the whole country to achieve. However, beside some success in the first few plans, this kind of economy revealed its weakness as Mullock (2016) argued: Substantial disadvantages associated with centrally-planned economic system include inefficiencies associated with resource distribution, lack of economic stability and lack of motivation for quality improvement due to the absence of competition. (para.
Some of the disadvantages that come with the characteristics of the other economies still carry over to a mixed economy. For example, in a market economy if people have too much freedom, it will result in the members, who are less competitive, without any government support. Having central planning of a government can also have downfalls, such as a monopoly taking over leading the country into debt. Another negative is that the government has the power to decide how much to tax, which sometimes lead to revolts. The mixed economy was established from the United States Constitution, protecting private property, limiting government involvement but encourages the government to promote general welfare, and protects the rights of each group to practice their beliefs.
Instead of capitalists or private sectors owning the factories of production, the government owns them. This in turn results in the government collecting the profit instead of just businesses taxes. Pros and Cons Proponents of both systems have continually argued which economic system is better. Both have their advantages and disadvantages. Capitalism makes sure that an economy will produce the best products and that these are priced reasonably.
Capitalism for our society brings out the best in us. The most effective economic system for society is capitalism. Capitalism promotes people to give their best task at hand, which means it gives back what people earned. People who work hard for their money get more money, but people who work less than others get less money. There are also other reasons why capitalism can benefit our economic system.
Some positive effects according to the businessman can be that “free trade or trade without any restrictions allow firms from different sector of industries in various countries to specialize, in the safe knowledge that they would be able to export their excess produce, in producing goods where they have the most comparative advantage or the least comparative disadvantage.” This increases efficiency as firms are new able to divert resources, which have alternative uses. Some negative effect may be due to dumping. According to World Trade Organization (1), the application to international trade of the discriminating power of Monopoly is called dumping. “When firms expand, they achieve economies of scale, which increases their competitive advantage by increasing efficiency their ways of allocating resources, reducing the average costs of their produce.
• Lower Government Acquisitions: Economic growth makes higher assessment incomes and there is less need to use funds on profits. For example, unemployment benefits. Subsequently, it serves to diminish obtaining. Likewise, it assumes a part in decreasing obligation to GDP degrees. DISADVANTAGES Long term financial development puts an awful effect on the inhabitants of any nation.
