Question

List the Economic Effects of the Fur Trade

Answer 1

- When hunting for food, Indigenous peoples would take only what they needed. Surpluses. were not necessary. Now, the fur trade economy meant that the more furs hunted, the more money there was to be made.
- Native people throughout North America, such as starvation due to severely depleted food resources, dependence on European and Anglo-American goods, and negative impacts from the introduction of alcohol-which was often exchanged for furs.