New France & Economy

Jean Talon Jean Talon was in charge of populating New France after He was also in charge of making sure New France was able to make money Jean Talon was in charge of the economy.

What does ‘Economy’ Mean? The word economy means what a country or colony does to make money There are lots of things that can be done to make money New France tried several things to make money New France had fisheries, industry, seigneuries and trade with other French colonies.

Fisheries Fisheries: places where boats gather to catch fish and bring them back to land to be preserved and sold New France had lots of fisheries Fish was important because Catholics could not eat meat on Fridays So they ate fish Only fish on Fridays = lot of fishing = $$$

Industry What is industry? Industry is when raw materials and goods are gathered and/ or made by people to be sold to make money. Jean Talon started tanneries, forestry, ship building, hemp and flax production for clothing and a brewery

Industry Tanneries: places where people turn animal skin into leather to make different goods Forestry: Cutting down trees so that the trees can be used to build different things Ship building: Jean Talon started a ship building industry in Quebec City. Men made large ships from lumber found in New France Breweries: Places where you make beer to sell Jean Talon started the first large brewery in New France

Seigneuries Jean Talon and the king of France decided that starting seigneuries would be a good idea. Farmers could produce crops that made money Two of the most popular crops: Flax and hemp Flax  make linen and clothes Hemp  rope

Trading with other French colonies France had colonies all over the world New France was just one of the colonies. There were French colonies in the Caribbean, Africa, South America, Asia and the South Pacific Oceans Jean Talon thought it would be a good idea to trade with some of the other French colonies

Triangular trade Jean Talon helped set up trading with French colonies in Africa and the Caribbean. This was called a triangular trading system

Triangular Trade New France and the Caribbean would send raw materials like sugar, maple syrup, tobacco, cotton, hemp, flax, lumber to France. France would sell manufactured goods back to the colonies The Caribbean and New France would trade raw material and some manufactured goods with each other Men and women from Africa were sent to the Caribbean to work as slaves

Did New France become rich? NO! New France did not become rich because it did not trade enough or make enough goods to sell. New France just made enough to survive Because most of New France was farmland, it could not produce as much as the English colonies New France was also less populated No money + bad economy = weak colony England will eventually take over New France in the mid-1700s