Employment

A city is said to have a diversified economy if its financial base rests on multiple industries. Examine the chart to determine if Calgary’s economy is sufficiently diversified. What are the risks of not having a diversified economy?

ca-industries.gif

Source: Calgary Herald Media Kit 2004 - 2005
www.canada.com/ calgary / calgaryherald / info/MediaKit_Economy.pdf

--------------------

Questions:

1. What two industries dominate Calgary’s economy?

2. How are these two industries related?