MGMT 1030 Lecture Notes - Lecture 4: Rocky Mountains, Hart Massey, Peter Mcgill

• School: York University
• Department: Management
• Course: MGMT 1030
• Professor: Frank Miller

Document Summary

Staples and the early economy of canada: the staples thesis. Need to know linkages for exam :d. Canadian economic history dominated by exploitation of natural resources in an export-driven economy. Economic growth dependent on demand for staples abroad. Long-term effect of staples dependent on linkages. Staples and the early economy of canada: cod and newfoundland. Grand banks is the richest fishing area imaginable. All european powers fished the grand banks in 16th century. England and france dominated the cod fishery by 1600. Cod fishery eventually became a residential activity. Cod the dominant economic activity in newfoundland. 89% of labour force in fishery in 1858. Staples and the early economy of canada: the fur trade in new france and the northwest. Fur trade dispersed over a wide geographic area. New france became a royal colony in 1663. Furs accounted for 90% of the value of exports from new france well into the eighteenth century.