HIST113 Lecture Notes - Lecture 5: The Maritimes, Mercantilism
11 Sep 2016
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4)nature and operation of major business areas of the economy. Ship-building, timber, & saw mills to export to britain. Lack of industry and diversification o o o o. Colonies still used as a primary source for raw resources. Canada was in the middle of the triangle transportation run they become ideal shippers/traders for home country (britain) Business elite merchants who coordinate and finance the trade o o. Merchants see it as a great opportunity between part of a trade hub. Post-revolution brit. traders located in ny, move to maritimes to continue operations. Passed down through families who become dominant in the trade. Economic and political elite: merchants gain an infinite amount of influence on laws and regulations. 1)historical development and geographical position in the empire o. Historically with the amount of war (france to britain, american. Revolution) did not make sense to diversify o. They were primarily traders/merchants and the maritimes was strategically placed for that business alone.
