HIST113 Study Guide - Final Guide: Mercantilism

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21 Sep 2016
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Kings trying to control more parts of the world. Merchants/traders purchase trade products and sell them in other areas did so with the fish business. Merchants and investors losing ship and cargo. Potential rebellion, storms, illness on the ships, pirates, war and warefare. Unsuccessful fishing seasons = no income for fishermen/families. Fisheries could be more profitable if located permanently in newfoundland. Reduce costs of things that must be brought over for fishermen. Begins as an offshoot of the fisheries came into contact with the aboriginals. Native people were critical to the fur trade: hunting, skinning, transporting. Aboriginals received products like knives, kettles, guns, blankets. Government partners with high level merchants and businessmen: offer a monopoly to the businessmen, but they have to fund the cost of building a settlement. Theoretically, a merchant would have a monopoly in france. British king starts some of the settlements too. Aboriginals want to trade and are important trade partners.