New France the 16th and early 17th centuries New France's economy was heavily centered on its Atlantic fisheries. This would change in the later half of the 17th and 18th centuries as French settlement penetrated further into the continental interior. Here French economic interests would shift and concentrate itself on the development of the North American fur trade. It would soon become the new staple good that would strengthen and drive New France's economy, in particular that of Montreal, for the next century. The trading post of Ville-Marie, established on the current island of Montreal, quickly became the economic hub for the
Global silver trade from the 16th to 18th centuries Global silver trade from the 16th to 18th centuries The global silver trade between the Americas and Europe from the sixteenth to nineteenth centuries was a spillover of the Columbian Exchange which had a profound effect on the world economy. In fact, many scholars consider the silver trade to mark the beginning of a genuinely global economy, with one historian noting that silver "went round the world and made the world go round." Although global, much of that silver ended up in the hands of the Chinese, as they accepted it as a form of currency. In addition to the