New France & Economy Jean Talon • Jean Talon was in charge of populating New France after 1663. • 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