15- The Decline Of The Fur Trade Flashcards
1
Q
Why did the fur trade begin lose momentum?
A
Because of supply problems and also a drop in demand
2
Q
Why was the fur trade becoming less profitable?
A
There was a decline of the beaver in the Great Lakes. This forced companies to keep exploring which became costly
3
Q
Explain what happened between the two fur trading companies (Hudson’s bay and northwest)
A
They kept fighting so the companies merged. They kept the Hudson’s bay name. The fur was now shipped from the Hudson’s bay
4
Q
Why was the demand of fur declining in Europe?
A
Because silk was replacing beaver felt
