1 / 8

Economy in New France

Economy in New France. Katie, Sarah, Laura, Megan, Emily, Alyssa. Question. Did France establish a successful economy in New France?. Origin :. Company of 100 associates. They were 100 french investors to colonize new france

eryk
Download Presentation

Economy in New France

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Economy in New France • Katie, Sarah, Laura, Megan, Emily, Alyssa

  2. Question • Did France establish a successful economy in New France?

  3. Origin : Company of 100 associates • They were 100 french investors to colonize new france • Maintained the clergy and paid soldiers for defense against the Iroquois • Each member contributed $9000 • This started New France's economy • New France got people into New France by having cheap land

  4. Support • France provided New france with supplies to trade in the fur trade, via the Atlantic crossing • Port Royal post was abandoned (French government created new trading post for fishing industry) • Champlain decided on Quebec because it was advantageous (lots of untouched land) this is where they made the habitants of Quebec trading post

  5. Mercantilism • Created by Colbert to improve France’s economy • Colonies like New France gather raw materials and send them to France (mother country) then France manufactures goods and sends products back to the colonies • In 1701, no furs were collected but France was forced to still pay the colony to keep it running • Therefore they couldn’t be very independent or improve their economy, but New France kept stability because of France

  6. The Seigneurial system • land was divided into strips • changed culture because people lived close to their neighbours • it was dependent on the Habitants which farmed and kept the land and the seigneur who owned the land and built the mill and roads • Habitants only produced enough food to live off of and rarely enough extra to sell • the system stifled the economy because there was no production or innovation

  7. Conclusion • The company of 100 associates started the economy strongly • The fur trade supported the economy greatly • Mercantilism kept stability but didn’t allow any independence or improvement • The Seigneurial system stifled the economy because there was no production or innovation • Successful but no improvement

  8. THE END

More Related