New France - Technology & Economy
By: Richa, Anubha, Alex & Balraj
There weren't any computers during the time of New France but the Europeans traded the First Nations tools made out of metal in exchange for fur
The First Nations did not have technology to forge iron, so they needed metal goods.
Metal was a huge technological advancement for the First Nations, since their hunting, cooking and labor was much easier
Fabric and glass beads were helpful for the women, and were popular trade items
The women were able to use sewing needles, and glass beads to decorate their clothing rather than porcupine needles
In exchange for fur and beaver pelt, the Europeans were giving the First Nations textiles, tools and guns
Both the women and men of the First Nations were happy with their new goods, and the same went for the Europeans, since fur was extremely valuable for them
Now in the 21st century, our modern technology would be iPhones and Macbooks. During the 20th century, many inventions were created such as manned spaceflight, the automobile, radar, laser, airplane and electric refrigerators.
Also, air conditioning, plastics, global networks and atomic bombs.
Now we don’t trade much but we buy items for money and scientists create new inventions in order to support humanity.
- Hunting rates are very low in Canada right now as we can get everything we need in stores.
New France and Canada itself, has seen some changes to it’s economy throughout the years
It all started when the earliest settlements came and started various fisheries in Canada
It wasn’t until the French came and decided that fur should be collected more, starting the fur trade
Fur trade was a huge need for political, missionary and military activities and economic factors
Fur trading started Canada’s economy, other activities followed much later, mostly thanks to Jean Talon. In the early 18th century New France’s had an economical crisis.
British started to seize french possessions, until they conquered all of New France. The great depression also affected Canada, along with the post confederation slump.
After 1896, Canada’s economy had drastically improved.
Did you know that Canada has the 11th largest economy (nominal) or 14th largest (PPP)
Canadian economy is dominated by service industries and the manufacturing. The average unemployment rate percentage of population is 6.6 and this closely resembles the u.s. in market oriented economic system
In 2014, Canada had a score of 80.2 ranking 6th for economic freedom! Can you believe that?
The inflation is 1.5% in December of 2014 as the main industries: transportation equipment, chemicals, processed and unprocessed minerals, food products, wood and paper products, oil sands, fish products, petroleum and natural gas.
Ease of doing business ranking is 16!