Modern Day
Modern fur trapping and trading in North America is part of a wider $15 billion global fur industry where wild animal pelts make up only 15 percent of total fur output.
In 2008, the global recession hit the fur industry and trappers especially hard with greatly depressed fur prices thanks to a drop in the sale of expensive fur coats and hats. Such a drop in fur prices reflects trends of previous economic downturns.
Read more about this topic: North American Fur Trade
Famous quotes containing the words modern and/or day:
“A modern democracy is a tyranny whose borders are undefined; one discovers how far one can go only by traveling in a straight line until one is stopped.”
—Norman Mailer (b. 1923)
“That night ended the day when history was written in Abilene. August 14, 1865 was the date. That was the end of the first drive on the Chisolm Trail. It was just the first of thousands of such drives bringing beef to the world.”
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