Fri Dec 14 09:45:26 EST 2001
ABSTRACTS IN ECONOMIC HISTORY
(c) 2001 EH.Net
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Name: Ann M. Carlos
Email: ann.carlos at colorado.edu
Institution: University of Colorado
Co-author: Frank D. Lewis
lewisf at qed.econ.queensu.ca
Queen's University
Title: Trade, Consumption, and the Native Economy: Lessons from York
Factory, Hudson Bay
Internet Address of abstracted work: not available
By mail:
Department of Economics
University of Colorado
Boulder, CO 80309-0256
Language: English
Abstract:
Like Europeans and colonists, eighteenth-century Native Americans
were purchasing a greatly expanded variety of goods. As fur prices
rose from 1716 to 1770, there was a shift in expenditures from
producer and household goods to tobacco, alcohol, and other luxuries
by Indians who traded furs at the Hudson's Bay Company's York Factory
post. A consumer behavior model, using company accounts, shows that
Indians bought more European goods in response to higher fur prices
and, perhaps more importantly, increased their effort in the fur
trade. These findings contradict much that has been written about
Indians as producers and consumers.
Bibliography: Carlos, Ann and Frank D. Lewis. "Trade, Consumption,
and the Native Economy: Lessons from York Factory, Hudson Bay." The
Journal of Economic History, Vol. 61, No. 4 (December 2001):
1037-1064.
Subject: P
Geographical Area: 7
Country/Region: Canada
Time Period: 6
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