The increasing commercial activities and call for consumer goods in the late 17th century led to the development of various manufacturing enterprises, including the North American fur trade, which was involved in the acquisition, exchange, and sale of animal furs. The first official fur trade company installed in North America went by the name of the Hudson's Bay Company (HBC), and was charted in 1670 by Charles II, thus making the Company "the true and absolute Lordes and Proprietors" of a huge piece of territory in North America described as "all the Landes Countryes and Terr...

• Word Count: 4195
• Approx Pages: 17
• Has Bibliography
• Grade Level: Undergraduate