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The fur trade declined primarily due to the depletion of fur-bearing animal populations, which made sourcing pelts increasingly difficult and less profitable. Additionally, the rise of synthetic materials and changing fashion trends diminished the demand for fur products, leading to a significant downturn in the industry.

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Two important factors. 1. It is the backbone of the industry Why? 2. Trade. For example the RuhrArea in Germany.


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1. Demand of commodities 2. cost of production 3. Foreign trade 4.Rate of population growth


When people decide what makes a fair trade like exchanging 2 chickens for 2 sheep they are?

When people decide what makes a fair trade, such as exchanging 2 chickens for 2 sheep, they are engaging in a negotiation process that involves assessing the perceived value of the goods being exchanged. This assessment is influenced by factors like supply and demand, the utility of the items, and cultural or personal beliefs about worth. Ultimately, both parties aim to reach an agreement that satisfies their needs and expectations, reinforcing the principle of mutual benefit in trade.


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.


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Related Questions

What factors affect the fur trade?

The development of the North American fur trade can be attributed to three interrelated economic factors: 1) a bountiful supply of furs; 2) an indigenous and highly motivated fur gathering system that only the Native population could provide through their interest for European goods; 3) a continuing external demand for


Which 2 countries became rivals in the fur trade?

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Who were the 2 animal species that declined due to the the fur trade in Canada in the 1900s?

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1.They had got to trade corn and fur 2.they fighting for 6 years 3.lenape moved west


How did the World War 2 help the African independence?

because when world war 2 ended the africans were free from the slave trade by Dr Lingistone. After that they had there own rights and no one would bother or critisize them for what they believed in or what they wanted to do with there lives. After the slave trade ended they were independent and could do whatever they wanted whenever they wanted.


What success did it have in getting state laws to abolish slavery?

well Great Britan had ended it and they thought it would be easier 2 trade resources in Africa rather than slaves and they ended it in 1880


How many fur layers does fur seal lions have?

2


How did the Lenape way of life change the arrival of Europeans?

1.They had got to trade corn and fur 2.they fighting for 6 years 3.lenape moved west


How did the lenape way of life change after arrival of europeans?

1.They had got to trade corn and fur 2.they fighting for 6 years 3.lenape moved west


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Desotos problem was that He was trying to get better trade routes to china.But ended up in the united states.He was searching for gold and glory but didn't get it.


Why does the platypus have fur?

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