What mutual benefits did First Nations and Europeans derive from the fur trade?

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asked Mar 16, 2023 216k views

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Paulo Coutinho · Answer 1 · 2023-03-21T19:09:00+0000

Answer:

The Indigenous peoples were able to trade furs to the Europeans for things like food, money, clothing etc. And in turn through companies like Hudson's Bay the Europeans were able to sell the furs back in Europe for profit. The Europeans really liked beaver pelts especially for hats.

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What mutual benefits did First Nations and Europeans derive from the fur trade?

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