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When did Canada's economy and industry experience a boom?

a) 1960s
b) 1980s
c) 2000s
d) 1920s

User Gregers
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1 Answer

4 votes

Final answer:

Canada's economy and industry experienced a significant boom during the 1960s, which was one of the most prosperous economic periods of the twentieth century. The 1980s marked a period of economic integration with the United States through the Canada-U.S. Free Trade Agreement, contributing to positive economic outcomes.

Step-by-step explanation:

When analyzing the economic history of Canada, particularly the periods of significant boom, it is noted that Canada's economy and industry experienced a substantial upswing during the 1960s.

This era was one of the longest economic booms of the twentieth century. During the 1980s, a different kind of economic development occurred, influenced by regional and international changes.

The United States and Canada negotiated the Canada-U.S. Free Trade Agreement (Canada-US FTA) in 1988, a pivotal moment that marked the beginning of closer economic integration between the two countries and provided a positive impact on Canada's economy by eliminating barriers to the movement of goods and services.

User Howell
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