Since 1870 in Canada, there has been
A) sustained economic growth until the Great Depression followed by little growth since.
B) sustained economic growth.
C) too many business cycles to sustain economic growth.
D) GDP measured in 2007 dollars is largely unchanged.
E) only small growth in average incomes.

Question

Quizplus · Accepted Answer

Canada has had sustained economic growth since 1870, with occasional setbacks such as the Great Depression, but overall the economy has continued to grow. The country has transitioned from an agricultural-based economy to a more diversified economy, with growth in manufacturing, services, and natural resources. While there have been business cycles, the overall trend has been one of growth.

Since 1870 in Canada, There Has Been