HIST113 Lecture Notes - Lecture 3: Mercantilism, Seigneurial System Of New France

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How do they affect the business development of nf: nature and operation of the merchant trade business of new france, importance of agriculture to economic and business development. New france becomes a royal province 1663 o. Colony to serve the interests of france (economic) o. Recognizes these colonies are important and do not want to relinquish it to. Contribute to sustainability and economic growth of france. Economic theory that looked to control more and more land, thus acquiring more wealth. Wealth was seen as limited, thus needing more than competitors. Colonization and the exploitation of resources were the key driver to this o o end. Objective is to create a self-sufficient and wealthy empire o o. Empire to hold all the resources needed for survival. Only allowed to trade with other merchants within your country. Colonies are to supply raw materials to mother country and to act as a market for manufactured goods.

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