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Which Asset Was Used as Money by European Settlers in Canada

question 426

Multiple Choice

Which asset was used as money by European settlers in Canada prior to the 1700s?
I.gold
II.silver
III.paper money issued by the newly established Bank of Canada


Definitions:

Seeking Information

The act of looking for or attempting to acquire data and facts to increase knowledge or understanding.

Social-Comparison Explanation

A hypothesis positing that people assess their own value and societal position by comparing themselves to others.

Polarization in Groups

The process by which opinions within a group grow increasingly extreme, splitting the group into opposing sides.

Extreme Decisions

Decisions made under conditions of high uncertainty, risk, or stress, often with significant consequences.

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