The Economic Development of Canada 1849—1914
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Date
1964-03
Authors
Shenk, Wilbert Ray
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
Along with the other nations of the Western Hemisphere, the antecedents of the Canadian economy may be traced to Europe. The area which eventually became Canada was a part of the mercantile empires of both France and Great Britain. The eventual triumph of Great Britain over France in gaining control of the territory lying to the north of the United States was due to the types of policies each followed. British mercantile policy was better controlled and coordinated and in the long run proved to be more suited to the type of resource exploitation both nations were carrying out in Canada. The English succeeded in establishing sufficient settlements of people who could produce food supplies by those engaged in producing raw materials being exported to the mother country. By contrast, the French devoting their resources too completely to fur production, failed to establish successful agricultural settlements which could serve as a provisioned to the trader, trapper, fisherman and lumberman. Without a supply of basic foodstuffs, attempts to expand the "economy" sere severely handicapped.
Description
111 pages
Keywords
canadian economy, The Wheat Boom, foreign trade