Question 1 What are the 3 most important concepts, ideas or issues in the reading?

Question 1

What are the 3 most important concepts, ideas or issues in the reading?

Briefly explain why you chose them.

Any quotes must be in quotation marks and cited properly in APA format.

a.
Question 2

What are the 2 concepts, ideas or issues in the article that you are having the most difficulty understanding, or that are missing but should have been included?

Briefly explain what you did to correct the situation (e.g. looked up an unfamiliar word or a missing fact), and the result.

Cite any sites or sources used in APA format.

b.

d.
Question 3

What is the main economic story of the paper?

(Economics studies the allocation of limited resources among unlimited needs and wants.)

e.

f. (3 marks) On page 295, the paper states: “Much of the Canadian Northern mileage in Ontario, Quebec and British Columbia found no local traffic. Yet these lines were far more expensive to build…” If that is true, why did the railway keep building them? Why didn’t it stick to “the prairie lines which were making a profit”?

 

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