Fur Trade & Canada

When was the Hudson's Bay Company founded?

• 1670

• 1779

• 1821

• 1816

What strategy did the Hudson's Bay Company use to collect furs?

• Sending voyagers into the wilderness

• Trading directly with indigenous communities

• Relying on indigenous peoples to bring furs to them

• Building trading posts far from their main base

What did the Northwest Company do differently from the Hudson's Bay Company?

• They waited for furs to come to them

• They built trading posts closer to indigenous communities

• They did not rely on indigenous peoples

• They offered no goods for trade

What was the Battle of Seven Oaks?

• A celebration between the two companies

• A peaceful negotiation

• A violent clash between NWC and HBC

• A trading event

Why did both companies eventually face financial difficulties?

• They merged too early

• They expanded into remote areas where trading became challenging

• They stopped trading furs

• They lost interest in indigenous partnerships

How did the fur trade influence Canada?

• It had no impact on Canadian history

• It shaped trade routes and relationships with indigenous peoples

• It only benefited the indigenous peoples

• It was solely about making money

What legacy did the rivalry between the companies leave behind?

• No lasting effects

• A deeper cultural exchange

• Only negative impacts

• A focus on European traditions only