ECON 2P19 Chapter 4: Chapter 4.docx
7 Mar 2014
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British mercantile system had significant implications for newfoundland"s economic development: total production rose, and in keeping with historical patterns, the migratory trade rebounded, the navigation acts forbade the importation of food and other supplies from new. England: substitutes from british colonies were inadequate and more expensive, putting a squeeze on the residentiary fishery, population which had risen to nearly 20,000 in the late 1780s, fell to fewer than. States: fears of starvation led in 1803 to permission to import food from new england. Britain: they concentrated on the fishing and coastal trades, building schooners and other smaller craft, newfoundlanders owned and operated larger ships as well, but these were typically purchased offshore, in part from other british north american colonies. The maritimes: several hundred ulster irish arrived in the colony, some redirected from new. England, and an advance guard of what was ultimately to be a large migration of.
