Economic forces play a significant role in today’s northern economies and have shaped northern lives from a time when subsistence activities predominated. Today, globalization is
bringing much focus to the vast renewable and non-renewable resources in the North including wildlife, fisheries and oceans, and mineral, oil and gas development. This module examines how economic activity is changing as a result of climate change, and how the contemporary economy is juxtaposed with the traditional subsistence economy. In both cases, social wellbeing is dependent upon renewable and non-renewable resources, and is governed by policy that
defines how these resources are used