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The fur trade did not involve barter in the way that most people presuppose but was a credit/debit relationship when a fur trader would arrive in a community in the summer or fall, hand out goods to the Indians who would pay him back in the spring with the furs from the animals they had killed over the winter; in the interim, further exchanges ...
The fur trade is a worldwide industry dealing in the acquisition and sale of animal fur. Since the establishment of a world fur market in the early modern period, furs of boreal, polar and cold temperate mammalian animals have been the most valued.
The Siberian fur trade expanded from localized trade, and Siberian fur is now traded around the world. The Siberian fur trade had a significant impact on the development of Siberia through exploration and colonization. The fur trade also precipitated a decline in the number of fur-bearing animals and resulted in Siberia being conquered by Russia.
By 1830, the AFC had nearly complete control of the fur trade in the United States. The company's time at the top of America's business world was short-lived. Sensing the eventual decline of fur's popularity in fashion, John Jacob Astor withdrew from the company in 1834. The company split into smaller entities like the Pacific Fur Company.
The term Native American Trade in this context describes the people involved in the trade. The products involved varied by region and era. In most of Canada, the term is synonymous with the fur trade, since fur for making beaver hats was by far the most valuable product
The term "maritime fur trade" has been used by historians from the 1880s onwards [16] to distinguish the coastal ship-based fur trade from the continental land-based fur trade of, for example, the North West Company (1779–1821) of Montreal and the American Fur Company (1808–1847). [17]
The fur trade is the worldwide buying and selling of fur for clothing and other purposes. The fur trade was one of the driving forces of exploration of North America and the Russian Far East. [37] The fur trade has long-lasting effects, specifically on the Natives in North America and the populations of fur bearing animals worldwide.
(Maniwaki in the Outaouais region of Quebec, Canada. HBC established fur trading post) (17th century fur trade building located in Lachine, Montreal, Quebec, Canada.) (Nipising 1874 Hudson's Bay Company trading post) Fort George