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Hudsonâ??s Bay Company was began in 1670 as a fur trading concern, and due to savvy business skills, by the late 19th century had grown to become the largest landowning company in North America. As the fur trade declined, they segued into retailing and today, HBC, one of the longest running companies in the world, owns Saks Fifth Avenue among other major retail establishments.
What else can I help you with?
What important trade did the Hudson bay company control?
the important trade was Fur.
What did david Thompson have to do with the fur trade?
David Thompson made maps up to the Hudsons bay to find beavers and other first nations followed Thompsons maps and got beaver skins
What is the main trade controlled by the Hudson's Bay Company?
The Hudson's Bay Company no longer has any trading monopoly, and has not had one for almost a century and a half.what the person meant was, was not is. it's clearly a history question ^^^
What role did the English play in the fur trade?
The English played a significant role in the fur trade by establishing trading companies, most notably the Hudson's Bay Company, which facilitated the exchange of European goods for fur, particularly beaver pelts, with Indigenous peoples in North America. The English focused on creating trade networks that linked various regions, promoting economic growth and territorial expansion. Their involvement also influenced Indigenous cultures and economies, as many tribes became heavily reliant on the trade for European goods. Overall, the English contributed to the commercialization of the fur trade and the broader colonial ambitions in North America.
What are the five phases of the fur trade about?
Phase 1: 1500 - 1603 The fur trade began with the cod fishery. The First Nations started to trade with the Europeans coming to fish around the Maritimes and Labrador. After many attempts, Jacques Cartier successfully traded with the Stadacona. Cartier's crew traded everything they had. This trade benefitted both Cartier and the Stadacona. Phase 2: 1603 - 1670 During this time period, France dominated the Fur Trade. Also, New France was established. The French, Mi'kmaq, Kichespirini, Ouendat, and Innu were partners in the fur trade. However, later in this time period, the French - Haudenosaunee war began. The Haudenosaunee got support from the Dutch and British, and the British used this power to dominate the fur trade, which was in France's hands. The Haudenosaunee and their allies defeated the French and their allies in 1649, and actions were taken to force the Haudenosaunee to seek a truce in 1701. Catholic missionaries came to convert the First Nations to convert them to their religion. Hunting and trapping began to make the population of the beaver and game animals less. Phase 3: 1670 - 1760 The British (now in control of the fur trade) made the Hudson's Bay Company in 1670. Then, the British offered a group of merchants a monopoly for trade for Rupert's Land. After the Ouendat were defeated by the Haudenosaunee, the French used the Great Lakes to establish forts and they hired men to make the canoe trips between its settlements along the St. Lawrence River, and the forts and checkpoints. The voyageurs were very important to the French fur trade. A new race was born when the French men married Aboriginal women, the Métis. Phase 4: 1760 - 1821 New France became a British colony in 1763. The North West Company was formed. The North West Company was a fur trading business headquartered in Montreal from 1779 to 1821. It competed with increasing success against the Hudson's Bay Company in what was to become Western Canada. When trading pemmican became popular, territorial expansions occurred. The Métis people developed a culture at Red River, and missionaries established contact with First Nations in the West. Phase 5: 1821 - 1870 The Hudson's Bay Company and the North West Company merged, because with great wealth at stake, tensions between the companies increased to the point where several minor armed skirmishes broke out, and the two companies were forced to merge. The HBC began to lose their monopoly, and the trade began to decline in the west. The British helped the HBC sell Rupert's Land to Canada (then very small) in 1869.
Why did the plains Indians live in semi-permanet homes?
They lived in semi-permanent homes year round in the Prairies because they were a migratory people. Of course, once white settlers came and set up the Hudsons Bay posts all over the place, trade began to occur between Plains Indians and the white settlers, and the Plains Indians began to be reliant on the goods they got from the Hudsons Bay company. Once this happened, they were no longer migratory as they relied on the Hudsons Bay company's goods, and so they stayed where the trading posts were so that they could trade with the Hudsons Bay company.
Who did Paul Revere work for?
Hudsons Bay CompaNY
When did the North West Company and Hudsons Bay Company merge?
the Hudson's bay & the north west company merge in 1787
When did the hudsons bay company first open?
May 2, 1670
What important trade did the Hudson bay company control?
the important trade was Fur.
Who did Samuel hearne work for?
Samuel Hearne worked for the Hudsons Bay company.
What animals are in the hudsons bay company logo?
The following animals: beavers, a fox and a Canadian moose!!
What is the contact number for anita zucker of the hudsons bay company?
Mrs. Zucker no longer owns HBC.
What has the author James Isham written?
James Isham has written: 'James Isham's observations on Hudsons Bay, 1743' -- subject(s): Hudson's Bay Company
Why they say hudsons bay form canada?
The Hudson's bay company built trading forts along the Hudson's bay at several river mouths where sailing ships could be anchored.
Why was the Hudson Bay Company sold to the US?
The hudsons bay company was sold to the US because the US offered alot of money, which will give "the bay" new ideas, new looks and more money to do more things around all local "bay" stores
What two fur compaines competed with each other at the start of the fur-trading era?
the northwest company and the hudsons bay comapny
