New France a permanent benefit to the French. New France New France () was the area colonized by France in North America during a period beginning with the exploration of the Gulf of Saint Lawrence by Jacques Cartier in 1534 and ending with the cession of New France to Great Britain and Spain in 1763 under the Treaty of Paris (1763). At its peak in 1712 (before the Treaty of Utrecht), the territory of "New France", also sometimes known as the "French North American Empire" or "Royal New France", consisted of five colonies, each with its own administration: Canada, the most developed
Global silver trade from the 16th to 18th centuries became a player in the global economy via frequent Ming merchant ships arriving to extract Japan's abundance of silver and exchange goods. Japan increased its wealth through successful trilateral trade with Portugal and China as Japan now had Chinese goods to offer the Portuguese who had silver mines of their own. Founder of the Ming China dynasty, Hongwu, actually sought to eliminate silver from the market due to his fear of inflation which he previously experienced in the Yuan dynasty. His attempt involved imposing harsh limits on silver mining to stop its flow into the market and subsequently replaced it