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why was the fur trade important to new france
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New France and the Fur Trade
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Why was the Fur Trade important to New France
For a long period of time the fur trade was very important to New France. They sold items like boots, coats, clothes, furniture and many more. Some of the items sold in New France weren't very useful or important for them so they sold them to other countries that would find them more valuable.
why was New France losing profit
At first the fur trade was very popular and gained large profits. The fur was very light witch made super easy to transport. In the 1690's, beaver pelt in Europe was in high demand, because French crown guaranteed the price of the fur, the fur trade actually lost money.
What is New France
As the French tried to explore new trading routes to Asia, they traveled west hoping to reach Asia. When they reached land they thought they were in Asia. They encountered the First Nations. The first French settlement were fishing villages along the coast, but soon fur became more valuable then fish so instead of fishing the French hunted for fur. The core of the French settlement grew along the banks of the St. Lawrence river.
Who were New France's rivals
The French often lost money, but the French did not want to lose the fur trade to their enemy's, the English. The French had a lot less land then the English. The french created a relationship with the Native Americans. This alliance gave the French an advantage over the English.