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Trade, Consumption, And The Native Economy: Lessons From York Factory, Hudson Bay

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  • Carlos, Ann M.
  • Lewis, Frank D.

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.

Suggested Citation

  • Carlos, Ann M. & Lewis, Frank D., 2001. "Trade, Consumption, And The Native Economy: Lessons From York Factory, Hudson Bay," The Journal of Economic History, Cambridge University Press, vol. 61(4), pages 1037-1064, December.
    • Handle: RePEc:cup:jechis:v:61:y:2001:i:04:p:1037-1064_04
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    Cited by:

    1. Matthew T. Gregg, 2009. "Cultural Persistence as Behavior Towards Risk: Evidence from the North Carolina Cherokees, 1850-1880," Journal of Income Distribution, Ad libros publications inc., vol. 18(2), pages 3-15, June.
    2. Ann Carlos & Frank D. Lewis, 2010. "Property Rights, Standards Of Living, And Economic Growth: Western Canadian Cree," Working Paper 1232, Economics Department, Queen's University.
    3. Gillian C. Hamilton & Ian Keay & Frank D. Lewis, 2017. "Contributions to Canadian economic history: The last 30 years," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(5), pages 1632-1657, December.
    4. Angela Redish, 2019. "Treaty of Paris vs. Treaty of Niagara: Rethinking Canadian economic history in the 21st century," Canadian Journal of Economics, Canadian Economics Association, vol. 52(4), pages 1325-1348, November.
    5. Rosolino A. Candela & Vincent J. Geloso, 2021. "Trade or raid: Acadian settlers and native Americans before 1755," Public Choice, Springer, vol. 188(3), pages 549-575, September.

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