Definitions
Economy
The system in which a country gets money
What were the two different companies participating in the fur trade?
The Northwest Company and Hudson Bay Company
-British
Trading For Furs with First Nations people and established the HBC. They fought against the French to gain control of North America.
What is phase 1, and what happened in that phase?
Cod fishing started, First nations began to trade with the Europeans, and early fur trade benefited both Europeans and First Nation's people.
Why did the fur trade expand west?
The popularity of Furs in Europe, such as the Beaver felt - Top Hat, fueled European economic ventures in North America during this time.
Competition
Trying to beat another person or group (In this the NWC and HBC are trying to beat each other
What Type Of Competition Were The HBC (Hudson Bay Company) And NWC (North West Company) were participating in?
Economic Competition
-French
They made alliances with the Indigenous peoples. They also fought against the British for control of North America. They played major roles in the Fur trade.
What is phase 5, and what happened in that phase?
HBC and NWC merge into one, fur trading declines in Europe, and HBC sells Rupert’s Land to Canada.
What is Bois?
A wooden table.
What is the HBC
A fur trade Company made by the British
What eventually happened to the HBC and NWC?
To end the intense conflict between the two companies, Britain merged them both and kept the name HBC
-First Nations
They traded with the French and British and formed alliances with them. They also aided the French and British when they first landed in North America.
What is Phase 4, and what happened in that phase?
NWC is created, New France becomes a British colony, and trading goes west for more furs
What is phase 2, and what happened in that phase? France?
Expansion in land, has control, Europeans create allies, and trading increases.
What is the NWC
A British trading company that merged with HBC
-When The Haudenosaunee Defeated The Ouendat, Why Did New France/ The NWC Have To Find A New Trading Partner
Because The Ouendat Was The Biggest Trading Partner With The NWC
-Metis Men
Canoe men
trade negotiators
fur packers
and provide the hbc
What is phase 2, and what happened in that phase?
France has control, Coureurs de bois emerge, and trading increases
What factors influenced migration ?
job opportunities, income, and consumer or producer prices
Monopoly
It means having full control over something.
What does it mean to win in economic competition?
It means controlling more than other people
-Metis Woman
Making snowshoes and clothes
preparing hides
cooking
doctoring the sick
What is phase 3, and what happened in that phase?
The HBC is created, Metis culture is created, and Voyageurs emerge
What is a Catholic Missionary and what was their job?
It was a person who was part of the Catholic Church. Their job was to convert First Nations people to Christians