Final answer:
The fur trade was replaced by a market economy characterized by unregulated production and prices of goods.
Step-by-step explanation:
The fur trade played a significant role in the economy of many regions, but eventually, it diminished and was replaced by a market economy.
After the demise of the fur trade, the economy transitioned to a market economy, which is characterized by the unregulated production of goods and their prices.
This shift led to the emergence of commercial centers and new opportunities for wealth.