Which theory emphasizes the importance of natural resources to the Canadian national economy?
A)Keynesian economic
B)public choice
C)metropolitan-hinterland
D)staples

Question

Quizplus · Accepted Answer

The staples theory highlights the role of natural resources in the formation and development of the Canadian economy. According to this theory, the export of primary resources, such as fish, fur, minerals, and timber, has been a fundamental driver of Canada's economic growth and has shaped its political and social institutions. The staples theory argues that the exploitation of these resources created a pattern of economic specialization and dependency on foreign markets, which has affected the distribution of wealth, power, and development between the urban centers and the resource peripheries. Therefore, the staples theory highlights the importance of natural resources to the Canadian national economy.

Which Theory Emphasizes the Importance of Natural Resources to the Canadian