Who is the Hudson Bay Company?
Fur trade company ran by the British who had a monopoly
What is one way that the First Nations peoples contributed to the fur trade?
provided the furs for the trade, did most of the hunting, and were middleman
What company had a monopoly over the fur trade?
Hudson Bay Company
Who were the allies of the French during the Beaver Wars?
The Ouendat
What is the name of the treaty signed to end of the Beaver Wars in 1701?
Great Peace of Montreal
What is a Monopoly?
The complete control of a resource by a single company
Why was the location of Québec as a trading centre helpful for the French?
It was located on the St. Lawrence River which allowed easier access for trade
What role did coureurs des bois and voyageurs play in the fur trade?
Replaced the Ouendat as middlemen for the French in the fur trade
How did the French-Haudenosaunee War (The Beaver Wars) come to an end?
The French and Haudenosaunee signed a peace treaty
Which two companies were rivals in the fur trade during the late 1700s and early 1800s?
Hudson's Bay Company and the North West Company
What does it mean to "Merge"
to combine into a single group
Why were fur pelts so popular in Europe during this time period?
It was a status symbol that showed the owner's wealth
What are voyageurs?
licensed middleman
How did the defeat of the Ouendat in 1649 impact the fur trade?
the middleman were lost and the French needed to find new groups to trade with
What is the name of the food travellers needed during their long voyages?
Pemmican
What is Economic Competition?
Two companies are trying to control one the production and supply of one product
What European nations were in direct competition with each other?
The French and British
What was the role that the Ouendat played in the fur trade?
middlemen for the French
What was the outcome of the rivalry between the Hudson’s Bay Company and the North West Company?
They merged under the name Hudson’s Bay Company
What did the British believe about cross-cultural marriage?
They believed that First Nations were less civilized, and that cross cultural marriage would ruin British culture.
What is Mercantilism?
Mother country who is creating colonies that only they can benefit from (taking resources etc.)
Why did the British create the Hudson Bay Company?
To directly compete with the French in the fur trade
Who were the Metis?
A person of mixed First Nations and European ancestry
What is one of the reasons that contributed to the decline of the fur trade?
People lost interest in beaver furs, beaver population declined
What is the difference between the coureurs des bois and voyageurs
Coureurs des bois were unlicensed traders, voyageurs were licensed by the government of New France