StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Alberta's economic reliance on its energy resources - Term Paper Example

Comments (0) Cite this document
Summary
The Need to Diversify Alberta’s Economy Introduction According to recent surveys, statistics claim that Alberta and its neighbors in the North and South have been having stagnant economy in recent years. Alberta’s current labor force is ranging at 1.35 million, and the economy added about ten thousand jobs last year1…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97% of users find it useful
Albertas economic reliance on its energy resources
Read TextPreview

Extract of sample "Alberta's economic reliance on its energy resources"

Download file to see previous pages In 1991, the overall industry construction had risen to thirty six percent. In addition, Alberta’s energy companies have also been affected by downsizing among Alberta’s oil and gas firms. The positive news about the energy sector is that their balance sheets are improving through debt reduction. Job insecurity is another factor that is affecting Alberta’s economy2. According to a recent research, statistics show that one out of four Canadians is concerned with the increasing job security. This job insecurity concern extends to both the white collar and the blue collar workers, which in turn reduces economic recovery. More intense research about Alberta’s work force claims that Albertans are the most highly educated workforce in Canada. The research went ahead to reveal that thirty eight percent of these individuals hold on the same job for over two years while the other percentage change jobs within the same period of time. Human resource capabilities are the most important factor that should arise to determine the long-term welfare of Alberta’s work force welfare. This paper will outline Alberta’s diversification progress and review other areas that are still lagging behind that needs improvement. Summary This article presents how Alberta’s economy gradually evolved. ...
Ideally, the article presents how these economic set backs are affecting the society and the government has embraced these facts because the government is trying hard to curb these issues. Alberta’s poor economic growth is mainly contributed by poor infrastructure because it is only through proper infrastructure that the other economic sectors will open up. The best change to fix this problem is reconstructing all the necessary transportation roads. This will be possible if the concerned parties pile up pressure on the government to allocate a certain percentage of revenue to fix infrastructure. In contrast, the article “Alberta’s perspective”, seems to base its facts on the necessity of improving infrastructure because it is the gateway to the other economic developments. However, other alternatives are needed to collaborate with infrastructure to improve Alberta’s economy. Most of Alberta’s economic sectors depend on each other and that is why infrastructure alone cannot solve Alberta’s poor economy. For instance, agriculture will depend infrastructure and marketing skills in order to venture into the market. Therefore despite the fact that the author is basing his facts on infrastructure, I believe that other alternatives are needed. Therefore, the government should act fast by forming a delegation that will discuss Alberta’s reforms like, taxation system, reduce government spending and diversify Alberta’s energy global markets. Further, the supply of labor and the wage rate help determine the labor market equilibrium3. All of these strategies will only be a short term proposal intended on regaining back the economy. This is a temporal solution while ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Alberta's economic reliance on its energy resources Term Paper”, n.d.)
Alberta's economic reliance on its energy resources Term Paper. Retrieved from https://studentshare.org/macro-microeconomics/1470508-albertayies-economic-reliance-on-its-energy
(Alberta'S Economic Reliance on Its Energy Resources Term Paper)
Alberta'S Economic Reliance on Its Energy Resources Term Paper. https://studentshare.org/macro-microeconomics/1470508-albertayies-economic-reliance-on-its-energy.
“Alberta'S Economic Reliance on Its Energy Resources Term Paper”, n.d. https://studentshare.org/macro-microeconomics/1470508-albertayies-economic-reliance-on-its-energy.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Alberta's economic reliance on its energy resources

Freedom Summer of 1964 and Its Relationship with the Civil Rights Movement

The other organizations which participated in this Registration campaign were the Council of Federated Organization (COFO) in league with the National Association for Advancement of Colored People (NAACP), the Congress of Racial Equality (CORE), the Southern Christian Leadership Confederation (SCLC) and the Students Non-Violent Coordination Committee (SNCC). During this campaign, large groups of African American people, supported by around 1000 white volunteers, braved the rains in order to enter the Forrest Country Courthouse to register their Voting Rights. Around 30 Summer schools were also established during this Freedom Summer Campaign in various parts of Mississippi town in order to educate the black minorities, since, due t...
11 Pages(2750 words)Case Study

The Economic Impact of the Emergence of China and India

The main macroeconomic variable that toys in the global economy’s shift are the emergence of India and China as new superpowers. This emergence certainly has a number of implications, but among the most relevant are: disruption of the equilibrium of the global economy which results in rising demand of goods, giving way to worldwide inflation; the attractiveness of outsourcing to these countries due to low cost but high talent workforce of these countries for cheaper operations.
The growing middle class of China and India results in booming demand for the automobile industry. This increase in demand, with the increasing purchasing power of these countries’ people, is not limited to automobiles but more apparent in...
10 Pages(2500 words)Assignment

Liberalism and Its Aspects

After listing out the shades of liberalist thinking, the main point of this paper is that for the times that we live in, Liberalism is best suited as an alternative to the prevailing ideologies of the time. The world took a dangerous turn in the aftermath of the 9/11 attacks on the US. The resulting “War on Terror” that followed took a toll on individual liberties and it appears to be that liberal values and liberalism have been buried in the rancor that characterized the last eight years. The very nature of the individual and his or her role in the nation-state has been tested and the notion of liberties questioned. However, there seems to be a tendency towards reclaiming the premises of liberalism namely that of indi...
12 Pages(3000 words)Coursework

The Nature of God and Its Relation to Mission

It is God's agent in history, through whom He works by historical processes. Men learn of God and respond to Him in the context of their whole lives as personal, social beings because of the activity of the Christian community. Thesis Mission theology occupies a central role in religious teaching and supported by the main dogmas and principles of theology.

The main texts Genesis 12, Exodus 9 and 19, Numbers 14, several parts in Deuteronomy, Joshua, 1 Samuel, 1 King, 1 Chronicle, Psalm, Isaiah, Jeremiah, Ezekiel, Daniel, Micah, Habbakuk, Zephaniah, Haggai, Zechariah, and Malachi. Jonah's story is considered a missionary book of the Old Testament1. Christians have so understood their role. Jesus' understanding of his role...
8 Pages(2000 words)Case Study

Emergency Economic Stabilization Act of 2008 and How It Has Impacted the Financial Markets

Though there were objections from various quarters about the huge amounts of tax payer’s money being used in the bailout of huge corporates, the Act has been successful in moving the downturn towards a flat point and now has started slowly moving towards a recovery stage. The various programs under the EESA 2008 have played a significant role in the financial sector, housing mortgage, and banking institutions to save the institutions from complete disaster.

The Emergency Economic Stabilization Act is a huge taxpayer bailout designed to rescue the financial sector. The amount of money to be used is around $700 billion or $2000 per American citizen (Public mark up). Emergency Economic Stabilization Act of 2008 is al...
10 Pages(2500 words)Research Paper

Economic Analysis of India

The country’s economy is fast growing with a stable political system that encourages foreign investment although with certain restrictions. The country generally has good energy, transport and communication systems which make the cost of doing business affordably.

The Republic of India found South of Asia is by far the world’s most populous democracy and ranks seventh largest in terms of geographical area (Brown, 1994). India is also the second most highly populated country in the world. The country has a rich culture with four major religions having originally emerged from it; Sikhism, Buddhism, Hinduism, and Jainism. The Indian Republic consists of seven union territories and 28 states and ranks twelfth la...
8 Pages(2000 words)Case Study

Structure of the Educational System in Morocco and Its Capacity for Addressing the Needs of the Hospitality Industry

...Independent Research Study An investigation into the Structure of the Educational System in Morocco and its Capa for Addressing the Needs and Expectations of the Hospitality Industry in the Country Submitted by : Submitted to : Course : Date : September 29, 2009 Word Count : 3,069 words STATEMENT OF AUTHORSHIP “I confirm that no part of this work, except where clearly quoted and referenced, has been copied from material belonging to any person e.g. from a book, handout, another student. I am aware that it is a breach of GIHE regulations to copy the work of another without clear acknowledgement and that attempting to do so render me liable to disciplinary procedures.” ________________ Table of Contents I. Consultant’s Brief 4...
15 Pages(3750 words)Research Proposal

Immigration and Its Impact on the United Kingdom

For example, for farming communities, fertile and well-watered land has been a pull factor in migration. Business opportunities and political stability are also examples of pull factors.
Since the turn of the 20th century, Great Britain and Northern Ireland have experienced a great influx of foreigners migrating into the country due to pull or push factors. There have been different waves of migrations to the United Kingdom, which has had different impacts. Because of this, the United Kingdom has had to respond in several ways, which includes coming up with new acts on immigration, nationality, and providing asylum to refugees.1 However, the topic of migration to the United Kingdom has attracted different political views and...
23 Pages(5750 words)Assignment

International Business: World Economic Forum and Davos 2010

While each force of globalization is important, the technological revolution has impacted the business models, value creation and differentiation (Spelman, 2010). The cloud computing technologies that have made the popular social networking applications possible are now being applied to development, healthcare, and society. Today mobile telephones are more like powerful computers that take care of many of the societal challenges facing both developed and developing countries (Evans, 2010). In Chile, new software enables weather information to farmers who can now make informed decisions on when and how to sow or harvest the crops. However, the fear or ignorance of cloud computing technology could harm the chances of the SMEs becomi...
7 Pages(1750 words)Coursework

Globalization and World Economic Forum at Davos 2010

...Globalization and World Economic Forum at Davos Forces Driving Globalization Globalization has resulted in enhanced interdependencies among thenations of unprecedented scale. This augmented interdependence has caused the dismantling of trade barriers and liberalization of markets. The forces of globalization have impacted the nations, the firms and the individuals alike with the prerequisite of liberalization of trade (Awuah, 2009). The seven forces of globalization are; Markets, Production, Culture, Labor, Technology, Environment and Liberalization. Of these factors, the globalization of markets has engaged substantial attention of the firms and the academia. Some markets are highly globalized, while some are not. The scale of market...
7 Pages(1750 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Alberta's economic reliance on its energy resources for FREE!

Contact Us