Arctic Region:
The Arctic region is one of the areas of high latitude where gathering of economic activity is practiced. It encompasses the Arctic Ocean and parts of Canada, Russia, Greenland, Norway, and the United States. This region is characterized by extreme cold temperatures, long winters, and short summers. Despite these challenges, the Arctic has become an important area for economic activities due to its vast natural resources and strategic location.

Northern Canada:
Northern Canada is another area of high latitude where economic activity is practiced. It includes the northern territories of Yukon, Northwest Territories, and Nunavut. This region is known for its remote and rugged landscapes, with a small population scattered across vast areas. However, it is rich in natural resources such as minerals, oil, and gas, making it an attractive destination for economic development.

Arctic Region:
- Natural Resources: The Arctic region is abundant in natural resources such as oil, gas, minerals, and fish. These resources have attracted economic activities such as oil and gas exploration, mining, and fishing. The extraction and export of these resources contribute to the economic growth of the countries in the region.

- Shipping and Trade Routes: The melting of sea ice in the Arctic has opened up new shipping routes, such as the Northern Sea Route and the Northwest Passage. These routes offer shorter transit times between Europe and Asia, reducing costs and boosting international trade. As a result, there has been an increase in shipping activity in the Arctic region, leading to economic benefits for the countries involved.

- Tourism: The Arctic region's unique landscapes, wildlife, and cultural heritage attract tourists from around the world. Activities such as Arctic cruises, wildlife watching, and cultural experiences contribute to the local economy through tourism revenue and job opportunities.

Northern Canada:
- Mining: Northern Canada is known for its rich mineral deposits, including gold, diamonds, uranium, and copper. Mining operations in this region contribute to the Canadian economy by providing employment opportunities, generating revenue through exports, and supporting local communities.

- Energy: Northern Canada has significant oil and gas reserves, particularly in the Northwest Territories. Exploration and extraction of these resources contribute to the energy sector and provide economic benefits through employment and revenue generation.

- Indigenous Economic Development: The northern regions of Canada are home to many Indigenous communities. These communities are increasingly involved in economic development initiatives, such as tourism, cultural heritage preservation, and sustainable resource management. These activities not only contribute to the local economy but also help preserve and promote Indigenous cultures and traditions.

In conclusion, the Arctic region and northern Canada are two areas of high latitude where economic activities are practiced. The abundance of natural resources, the opening of new shipping routes, tourism, and the involvement of Indigenous communities are key factors driving economic development in these regions. However, it is essential to ensure that these activities are carried out sustainably, taking into consideration the environmental and social impacts associated with development in these fragile ecosystems.