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HBC mainly in economics , the sea route to the Hudson , was a huge advantage it enabled HBC to benefit from a short business cycle ships could leave England and travel to the Hudson bay pick up furs and return to England in the space of 5 months a complete business cycle - from shipment of goods to return of furs in payment of those goods , normally took 14 months , as for he NWC's cycle was much longer and more expensive and it would take almost a full year later
What else can I help you with?
What geographical advantage did the HBC have over the NWC?
The HBC had a large portion of land by the Hudson Bay. This made it way easier to transport goods back and forth. The NWC, on the other hand, had all of the land which is now Quebec. They took difficult routes that were more time consuming. It would also take more time for the ships to arrive from Europe. Hope this helps :)
How did the merge of HBC and NWc affect Metis?
The merger of the Hudson's Bay Company (HBC) and North West Company (NWC) in 1821 significantly impacted the Métis community by altering trade dynamics and diminishing their economic independence. With the consolidation of power, the HBC's policies increasingly marginalized Métis traders, leading to reduced access to trade opportunities and resources. Additionally, the merger intensified competition for land and resources, contributing to tensions between the Métis and European settlers. Ultimately, this shifted the balance of power in the region, affecting Métis identity and livelihoods.
Why did HBC have an advantage over the NWC geographical wise?
They were given a large portion of land surrounding the Hudson bay. The land was called "Ruperts Land". Since the HBC owned the land they had an monopoly of its buisness. Monopoly-complete control(only people aloud to buy and sell furs there)
Who started the pemmican war?
The Pemmican War was primarily initiated by tensions between the North West Company (NWC) and the Hudson's Bay Company (HBC) in the early 19th century, particularly around 1814. The conflict arose over control of the fur trade in the Red River area, as the NWC sought to supply their traders with pemmican, a crucial food source made from dried meat and fat, while the HBC attempted to monopolize its trade. The war involved economic rivalry and culminated in violent confrontations, particularly between the companies and their respective Indigenous allies.
How did the battle for the west between the HBC and NWC shape the Canadian you live today?
The competition between the Hudson's Bay Company (HBC) and the North West Company (NWC) in the 18th and 19th centuries greatly influenced the development of Canada by shaping trade routes, settlement patterns, and Indigenous relations. Their fierce rivalry led to the establishment of a vast network of fur trade posts that facilitated the exploration and mapping of the Canadian West. This competition eventually contributed to the consolidation of the fur trade under the HBC, setting the stage for Canada's westward expansion and the eventual confederation. The legacy of this conflict is evident today in the cultural and economic landscape of Canada, particularly in its Indigenous relations and resource management practices.
Why did the NWC and the HBC merge?
the hbc had alot of hot women and the nwc thought if they merged witht he hbc thy could maybe have some sexy time
What did the HBC and the NWC do in the 1821?
Merge
When the hbc and the nwc merged why did they keep the hbc's name?
Because HBC was the more powerful one, either way it's now called "The Bay."
How did the old hbc retain control over the new hbc after the merger with the nwc?
HBC kept control by controlling the trade routes, which brought a lot of money into the HBC.
What advantages did the HBC have over the NWC and the NWC over the HBC?
The Hudson's Bay Company (HBC) had advantages over the North West Company (NWC) due to its established trading posts and strong ties with Indigenous communities, which facilitated access to fur resources. Additionally, HBC's royal charter provided it with a legal monopoly over vast territories, allowing for greater control over trade routes. Conversely, the NWC had superior logistics and a more agile operation, enabling it to respond quickly to changes in the fur market and to establish a more aggressive trading strategy. Its focus on a network of smaller, more flexible posts allowed for greater accessibility to fur-bearing regions.
What is the difference between NWC and HBC?
They were both fur-trading companies, but they were competing against each other. The HBC had a very strict standard of trade. There was little room for bargaining, and they didn't trade for alchohol. The NWC on the other hand, has more of a relaxed standard, and they traded Whisky with the Indians.
What is the similarities between HBC and NWC?
They're both North American trade companies. The HBC (Hudson Bay Company) was established well before the NWC (Northwest Company) but back then, they both chiefly were big on trading furs, etc.
What geographical advantage did the HBC have over the NWC?
The HBC had a large portion of land by the Hudson Bay. This made it way easier to transport goods back and forth. The NWC, on the other hand, had all of the land which is now Quebec. They took difficult routes that were more time consuming. It would also take more time for the ships to arrive from Europe. Hope this helps :)
What happened in the battle of seven oaks?
NWC and HBC had a fight or something. I think the Metis were involved aswell? im not sure folks
How did the NWC and the HBC try to win customers from each other?
The North West Company (NWC) and the Hudson's Bay Company (HBC) competed fiercely for customers by employing various strategies. The NWC focused on aggressive pricing, offering lower prices and credit to attract fur traders and Indigenous suppliers. In contrast, the HBC relied on its established trading posts and a strong network of established relationships, emphasizing reliability and quality of goods. Both companies also engaged in extensive marketing efforts, including promotions and special deals, to entice customers away from their rival.
How did the merge of HBC and NWc affect Metis?
The merger of the Hudson's Bay Company (HBC) and North West Company (NWC) in 1821 significantly impacted the Métis community by altering trade dynamics and diminishing their economic independence. With the consolidation of power, the HBC's policies increasingly marginalized Métis traders, leading to reduced access to trade opportunities and resources. Additionally, the merger intensified competition for land and resources, contributing to tensions between the Métis and European settlers. Ultimately, this shifted the balance of power in the region, affecting Métis identity and livelihoods.
Why did HBC have an advantage over the NWC geographical wise?
They were given a large portion of land surrounding the Hudson bay. The land was called "Ruperts Land". Since the HBC owned the land they had an monopoly of its buisness. Monopoly-complete control(only people aloud to buy and sell furs there)
