The economy of Saskatchewan has been associated with agriculture resulting in the moniker Bread Basket of Canada and Bread Basket of the World. According to the Government of Saskatchewan, approximately 95% of all items produced in Saskatchewan, depend on the basic resources available within the province. Various grains, livestock, oil and gas, potash, uranium, wood and their spin off industries fuel the economy.
Answer:
A deficit is the annual budget shortfall between revenues and expenditures.
Explanation:
The situation in which the revenue falls short of the expenses there occurs the budget deficit. When the expenses increases and the income becomes less, a deficit occurs. The budget deficit can be cut back by cutting or excluding some of the expenditures and by increasing the revenue respectively.
The main point of the Warsaw pact was to ally the countries of Eastern Europe against NATO. The Warsaw pact was seen as a counterbalanced political move which would bring stability to Europe through it in a way.