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Home · For Teachers · Government Regulation of Industry

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Project Overview
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All Grades
Government Regulation of Industry
Project type: Introductory Activity
Subjects
Social Studies
Business Studies
Summary
In this introductory activity, students will explore and discuss the advantages and disadvantages of government regulation of the wine industry.
Duration
1 lesson
Purpose
To understand the advantages and disadvantages of government regulation of business
Lesson Plan
Before Exploring
Ensure that students are familiar with the following terms:
  • Tariff: A tax levied on goods imported into a country. For example, a 10% tariff levied on an imported car priced at $20,000 would increase the price to $22,000.
  • Quota: The maximum amounts of goods that can be imported during any period of time.
  • Subsidy: A payment made to a producer (e.g., a farmer) to encourage production of a particular product.
  • Outline the Opportunity
    Direct students to the topic Canada’s Wine Renaissance on the CBC Radio and Television Archives Web site. They will view Clips #4, 5 and 6, as well as the Additional Clip “European Protectionism — a Fundamental Injustice.”

    As they view, students should look for answers to the following questions:

  • What forms of government regulation, both in Canada and abroad, affect the wine industry?
  • What have governments done to regulate their countries’ wine industries? Based on what you see in the clips, how do the actions of different countries vary?
  • How do the actions of European governments affect Canada’s wine industry?
  • How do the actions of the Government of Canada affect European wine producers?
  • Revisit and Reflect
    Ask: Based on what you have learned about the wine industry, what is your position on government regulation of industry? Ensure that students provide a rationale and use examples to support their responses.
    Extension
    Students can research to find other international trade agreements in which Canada participates (for example, NAFTA, CIFTA, FTAA). For each, students summarize the other countries or regions involved, when the agreement was signed, and what goods or services the agreement covers.