MGMT 1030 Lecture Notes - Lecture 8: Mike Lazaridis, Qwerty, Michael Bliss
13 May 2016
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The staples economy and entrepreneurship in new france: economic climate of new france. 70% of all exports were furs in 1739. New france ceded to britain in 1763. French colonies dependent on the fur trade and farming. New france reorganized as a crown colony in 1663. Director of the domaine d"occident controlling imports and exports. Invested heavily in the saint-maurice ironworks from 1729-1741: cugnet: iron works in north america; but never made profits, inflated expectations of potential profits. Relied on state funds and loans to cover increasing debt: declared bankruptcy in 1741. Small colonial economy and government connections allowed cugnet to succeed: cugnet: entrepreneurial success: his work in a very structured economy. Entrepreneurship during the first industrial revolution: economic climate of upper canada (canada west), 1841-1867. Period of rapid growth: population increase from 456,000 in 1841 to 1. 4 million in 1861. Gradual attainment responsible government: elected officials began to control economic policy.
