ECON 2K03 Lecture Notes - Lecture 3: Mercantilism, Haldimand Proclamation, Six Nations Of The Grand River

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The pre-colonial economy (1492-1763: period of european conflict, european nations were fighting with each other to gain control of colonies, period of european/aboriginal conflict, aboriginals had their own economy that was different to the. European economy: first nations got caught up in forming alliances with different. European countries: first nations wanted to protect their culture, mercantilist philosophy, mercantilism: focus is on trade surplus. The idea was to make the surplus as large as possible. Canada vs us experience: we both have our roots in european conflict, and aboriginal/ european conflict: in america the first nations were wiped out, however for canada the. First nations were beneficial, as canadians needed their labor. However they did turn to wipe them out, as they wanted their own land. Europeans wanted to trade with other countries to get silks from china, They had a trade channel: the rest of the europeans were not happy about the trade of the.

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