ECON 2K03 Lecture Notes - Navigation Acts, Maritime Region, Triangular Trade
10 Apr 2013
School
Department
Course
Professor
Document Summary
Becomes a british colony 1824, almost 300 years after fishing starts. As late as 1869 84% of workforce employed fishing, economy exclusively focused on fishing. American revolution creates new opportunities: forestry, settlement: make sure maritimes remain part of british economic zone protect from us acquisition, british mercantile system. 1783 ending of american colonies exemption under navigation acts: designed to ensure goods transported to and from britain, transported in british ships. Transportation incredibly slow so a lot of people employed in transportation: act said: good shipped from british colonies (new england, 1763 from new france) to. Britain had to go in british ships or ships flagged (of british ships) couldn"t do in french. Likewise goods shipped from britain to british colonies and shipped from british colonies to other british colonies. Important because things like sugar, food going back and forth. 1793 napoleonic wars give new stimulus to maritime region.
