Innis argued that canada developed as it did because of the nature of its staple commodities: raw materials, such as fish, fur, lumber, agricultural products and minerals, that were exported to britain and the west indies.
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Which is the best definition of the staple thesis?
The staple thesis is a theory of economic growth which emphasizes the role of traditional commodities or staple products and their impact on the shaping a resource-rich economy. ... The theory argues that the degree to which economies rely upon the export of staples for their development affects their economic, social and political development.
Why was fur so important as a staple product?
However, the importance of fur as a staple product also resulted in the northern half of the continent remaining dependent on Britain for trade and thus essentially British for so much of its history. Mel Watkins revived the theory during the 1960s and 1970s through his work on resource capitalism and Canadian political economy.
What was the staple commodity in Atlantic Canada?
Innis argues that different staples led to the emergence of regional economies (and societies) within Canada. For instance, the staple commodity in Atlantic Canada was cod. This industry was very decentralized, but also very co-operative.
Why did Innis and Watkins write the staple thesis?
The thesis was presented as an explanation for how the pattern of settlement and economic development of Canada was influenced by the exploitation and export of natural resources. Innis and Watkins argued that different regions in Canada developed differently based upon their primary exports.
Last Update: Oct 2021
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