USA HISTORY

SETTLING NORTH AMERICA 1497 1732

NEW FRANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was the MAJOR source of economy (money) for the people of New France?
A
Beaver pelts
B
Lumber
C
Fishing
D
Farming
Explanation: 

Detailed explanation-1: -The French gave European goods to Indigenous people in exchange for beaver pelts. The fur trade was the most important industry in New France. With the money they made from furs, the French sent settlers to Canada. These were mainly traders and religious missionaries.

Detailed explanation-2: -Beaver pelts were an integral part of the early Canadian fur trade economy. Beaver pelts were an integral part of the early Canadian fur trade economy. Aboriginal and European hunters supplied trade networks that capitalized on the popularity of beaver pelts in European markets.

Detailed explanation-3: -For everyday use or costume and decoration, furs have been used for the production of outterware such as coats and cape, garment and shoe lining, a variety of head coverings, and ornamental trim and trappings. Beaver pelts could be made into either full-fur or felted-fur hats.

Detailed explanation-4: -These relations sustained the business of the fur trade. The French traded iron tools, kettles, wool blankets and other supplies for the furs to make hats, while Native peoples exchanged furs for goods from around the world.

Detailed explanation-5: -Beavers played an important role in this fur trade due to the high value of their pelts. Beaver pelts were the first great trade commodity in America. Many fur companies established themselves in the Northeast as the revenue from beaver pelts fueled the economy.

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