History 2125F/G Lecture Notes - York Boat, First Nations, Potash
9 Dec 2012
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Staples theory: economy built where locals work for the greater good of other countries and areas because they manufacture some raw material and sell it. Issue whether canada should ship our fresh water to us to save corn crop: we would profit for a little while, then consequences. Europeans brought their own policies (mercantilism) but first nations had different set of business practices (potash giving away things to bring status to yourself) Kings had very little power so lords did what they felt was right. Rise of powerful nation-states , emergence of capitalism. Could steal but that would bring bad blood, so capitalism was considered take excess stuff and sell somewhere that is without) Mercantilist model: as european nation (england, scotland, sweden, france, etc. ) created colonies, could build up wealth of european nation by receiving natural resources from colonies and sending them back the finished product. Couldn"t go east due to much more powerful middle eastern countries.
