MGMT 1030 Lecture Notes - Lecture 6: Henry Melville Whitney, Subsistence Agriculture, Saint Lawrence River
Document Summary
We do not have a set model for entrepreneurial business, there is no set equation saying if you do this and this you will get this. Different time periods produced many different types of entrepreneurs. People who were not involved in the fur trade (in new france) were farming ( subsistence agriculture). Seigneurial system: very managed strict system of allotting farmland along the st. Lawrence river to the people of france. (look at the meneurial system from week one similar to this seigneurial system) Entrepreneurial opportunities were not a thought at all in the new france"s static backward society. Entrepreneurial activity was not common at all in this society. Only the people who had wealth and connections to the ruling/government/political companies were the ones who had that mentality to think in entrepreneurial terms ( the idea of bettering themselves) cugnet was a successful entrepreneur in new france.