How did the establishment of the colony new France affect trappers traders and fur companies that were there?

Answer 1

The establishment of New France created a lucrative environment for trappers, traders, and fur companies by enhancing the demand for fur, particularly beaver pelts, in Europe. The French government supported exploration and established trade relationships with Indigenous peoples, facilitating access to rich fur-bearing regions. This led to increased competition among traders and the expansion of trade networks, ultimately transforming the fur trade into a cornerstone of the colonial economy. However, it also resulted in intense resource extraction and significant impacts on Indigenous communities and their land.