Of course, only a small proportion of the population were directly involved, but fishing and whaling nevertheless continued to be a significant component of the economy throughout the course of the French regime and even much later. But the fur trade was the real economic driver of New France.Click to see full answer. Simply so, what was New France known for?New France (French: Nouvelle-France), also sometimes known as the French North American Empire or Royal New France, was the area colonized by France in America, beginning with the exploration of the Gulf of Saint Lawrence by Jacques Cartier in 1534 and ending with the cession of New France to Great Britain and Spain inFurthermore, what role did the First Nations have in the economy of New France? France saw Indigenous nations as allies, and relied on them for survival and fur trade wealth. Indigenous people traded for European goods, established military alliances and hostilities, intermarried, sometimes converted to Christianity, and participated politically in the governance of New France. Subsequently, one may also ask, what was the main economic activity of the English colonies? agriculture What was the purpose of most of the joint stock companies of the 1500s and 1600s?The main purpose of a joint-stock company during the 1500s and 1600s was to share the risks and profits of colonial investments. The global transfer of foods, plants, and animals during the colonization of the Americas is known as the Columbian Exchange.

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