POLS 3125 Lecture Notes - Lecture 2: Territorial Authorities Of New Zealand, Seigneurial System Of New France, Navigation Acts

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Canada: from new france to confederation: 1663: france rules colony of new france. Seigneurial system: 1763 conquest (britain assumes control over north america, 1774, confederation: compact theory. Corn laws: series of elites emerge in lower canada (quebec) and upper canada (ontario) Road to confederation: new economic elites, new ideas and interests. Emerging merchants and industrialists: free trade vs. protected trade, 1850s new policy: free trade, effects on bna. No guaranteed buyers (market: canadian elites choose two options. Us-canada reciprocity treaty (1854: ends in 1866. Political economy: a field of study that is concerned with the interplay of political processes and economic variables, particularly economic policies. Political economy explains how political institutions, political environment and the economic system influence each other. Political economy sheds light on power relations within overall social relations of production. Classical liberal economists: smith and ricardo the study of conditions under which production was organized.

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