I Definitions A) Mother Country: The country which has “conquered” another (ex: France, Britain, Spain) B) Colony: The area which the mother country has “conquered” (ex: New France, 13 Colonies) C) Mercantilism: An economic policy designed to enrich the mother country How was this to be done? Get precious metals (ex: GOLD) and other natural resources from the colony Have the colony buy manufactured goods (ex: HATS) from the mother country D) Triangular Trade: The French policy of mercantilism led to a trade network between the mother country and its two colonies in the “new world” What did Triangular Trade look like? MANUFACTURED GOODS: CLOTH, METALS, LIQUOR RESOURCES: •TIMBER • FISH •WHEAT •BARRELS RESOURCES: •RUM •MOLASSES •TOBACCO II Resource Exploitation A) Fish and Whales DEMAND: 1. Why was fish in demand in Europe? Catholics ate fish each Friday 2. Why was whale oil in demand in Europe? Used as fuel for lamps 3. IMPACT ON THE LAND AND PEOPLE Fishers lived in temporary settlements Fishers and whalers came to the East Coast of North America on a seasonal basis to catch cod and kill whales II Resource Exploitation B) Furs 1. Why was fur in demand in Europe? Fur hats were fashionable in Europe Fur becomes the main export of the colony by the mid-18th century! How did the fur trade operate? Amerindians hunted animals and prepared the pelts Coureurs des bois traded with the Amerindians Voyageurs transported furs to trading posts Furs then transported back to Europe to be made into finished product Impact of the fur trade on the land and people On Amerindian groups: Alliances between the French and Huron Use of European goods by Amerindians Impact of the fur trade on the land and people On society and territory: Slow settlement (only men involved in fur trade being brought over by Company of 100 Associates) Establishment of trading posts (ex: Quebec City and Montreal) Territorial expansion North America ~1750 Impact of the fur trade on the land and people On relations between New France and the English colonies: Commercial (business) rivalry Wars III Agriculture Key terms: Agriculture = farming Surplus = extra A) Organization As the population of New France slowly increases, the main economic activity of most Canadiens revolves around agriculture Once the needs of their families were met, farmers were able to sell their agricultural surplus. The main markets where this surplus was sent: Cities in the colony Local market (Montréal, Québec City, Trois-Rivières) France Effect of agriculture on the territory: Increase in the area of cultivated land Establishment of public markets Construction of mills (for grain, wheat, etc.) IV Craft Activities A) Organization: Gradually new economic activities develop in the colony, such as: Carpentry Wig and Hat making Masonry Working with metal objects B) Effect of craft activities on the territory: Growth of cities Increase in the number of workshops & boutiques V Attempts at Economic Diversification Economic Diversification = trying to get more variety in the economic activities of the colony A) Measures taken by the state: After Royal Government in 1663, the first Intendant Jean Talon sees the colony is depending too much on the fur trade. Encourages the development of: Crops (flax, hemp, hops) Livestock (cows, pigs, chickens, etc) ← Flax used as an oil Hops ↑ used in brewing Subsequent Intendants (Bégon and Hocquart) further diversify the economy: Iron ore mining in the Mauricie Establishment of the naval shipyard in Québec City B) Obstacles to economic diversification Although some progress was made, diversification was not very successful: Economy was still mostly Mercantilism still based on the fur trade favoured France Lack of specialized labour Lack of capital ($)
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