U.S. Currency
http://www.meridianpeakhypnosis.com/wp-content/uploads/2014/02/money-addiction.jpg 1) The U.S. government makes money through trading goods with other countries. Goods such as oil and anything you use and wear.
2) Tax revenue. This is the most obvious. Government sets a tax policy, people pay their taxes, and government has money.
3) Borrowing. Government promises to repay loans at a healthy interest rate. This is really a future tax, since one day those loans will come due, and that generation of taxpayers will pay the bill.
4) Fines and penalties. Government writes a law with a punishment of a fine or a penalty, and collect money from offenders with the threat of even more punishment.
5) Raiding funds. This is not so obvious, but here’s how it works. Government collects money for something like Social Security and rather than put it in a bank account, they spend it, leaving IOU's behind.
Canadian Dollars
citation: http://g-images.amazon.com/images/G/01/askville/261349_2850337_mywrite/currency.jpg
1) Originally money came from miners who dug and refined gold into coins. They traded the coins for food and other goods. The money had intrinsic value, and those that created it were paid for their labor.
2) The growth of Canada's manufacturing, mining, and service sectors has transformed the nation from a largely rural economy to an urbanized, industrial one.
3) Like many other developed nations, the Canadian economy is dominated by the service industry, which employs about three-quarters of the country's workforce.
4) However, Canada is unusual among developed countries in the importance of its primary sector, in which the logging and petroleum industries are two of the most prominent components.
Compare and Contrast
1) The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $49,800.
2) As a high-tech industrial society in the trillion-dollar class, Canada resembles the US in its market-oriented economic system, pattern of production, and high living standards.
3) Canada is the US's largest foreign supplier of energy, including oil, gas, uranium, and electric power.
4) US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II.