The First French Explorations of the New World

question 68

Multiple Choice

The first French explorations of the New World:

• A) brought great riches to France.
• B) were intended to locate the Northwest Passage.
• C) led to successful colonies in Newfoundland and Nova Scotia.
• D) were in response to an intense rivalry with the Netherlands.

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Definitions:

Capital

Assets or money owned by an individual or organization, or funds available for specific purposes like establishing a company or investment.

Stocks

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.

Bonds

Financial securities that represent a loan made by an investor to a borrower, typically corporate or governmental, which pays interest over time and returns the principal at maturity.

Forgoing Benefits

The benefits that are lost when choosing one alternative over another; also known as opportunity cost.