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While presenting facts on geographical aspects,write an essay which explains the importance of tourism for Canada's national and regional economies.
Economic Resource
A resource with the ability to produce economic benefits for its holder, typically assets owned by an individual or entity.
Depreciated
Refers to the reduced value of an asset after accounting for depreciation expenses over time due to use, wear and tear, or obsolescence.
Accounting Periods
Specific spans of time for which financial reports are prepared, usually quarterly or annually.
Prepaid Expense
Expenses paid in advance and recorded as assets before they are used or consumed.
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