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Chapter 8: Heartland, Hinterland, and the Staple Trade, fur, log,…
Chapter 8: Heartland, Hinterland, and the Staple Trade
Staple
Product that dominates an economy's export such as: (fish, furs, timber, and wheat)
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Cod Fishery
In the late 1400s, Europe has faced a big issue finding food. Later on, fish was the only source of food they could find but according to the Roman Catholic population, that fish is required to only be eating on Friday.
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"Dry" fish were taken onshore to be cleaned, split, and lightly salted
impact
fish was exploited solely for the benefit of the home country, the industry did little to contribute to the early development or settlement of either England or French colonies in North America
the focus on the resources of the sea meant that there was little need for Europeans to develop roads or establish agricultural settlements, because foodstuffs could be easily obtained from their home countries
Heartland and Hinterland
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Nations of Europe (heartland) sought to acquire and develop colonial hinterlands (North America) that possessed abundant natural resources
Mercantilism
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In the 15th century, European expansionism was motivated by the desire to find the same large supplies of gold and silver that the Spanish had.
Under mercantlism, they were motivated by the desire to export staples to enrich the homeland
Timber Trade
In 1800s, timber was emerged as a new staple
- From the outbreak that happened in 1776, Britain lost their access to the source of timber and in the early 1800s they lost another timber supply because of the wars.
- After losing many timber supplies, Britain saved and defended the timber and by time the timber industry started flourishing and even replaced the fur at exporting.
Impacts
- Timber provided an opportunity for the creation of a secondary industry in the colonial.
- Also, timber was added to different sources and creates many other things.
Wheat Trade
- Corn Laws (1820): Imposed restrictive tariffs on grain products entering Britain from other nations
- Preferential Trade Status (1825): Established trade preferences for products from the colonies
Resulted in an economic boom for farmers in British North America, who were able to undercut foreign competitions for the large British market.
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Impacts
- Became the foundation of the Upper Canadian economy
- Stimulated the colony's economic development
- Population expanded; new settlements, roads, canals, and flour mills were built
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