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Question 197 · Canada's Economy

What resource made the early Canadian economy grow through the fur trade?

  1. A The natural resource industries
  2. B Canada relies on exporting goods and resources to other countries
  3. C Oil and gas
  4. D Beaver fur (pelts) ✓ Correct

✅ Correct answer: D — Beaver fur (pelts)

💡 Explanation

The fur trade — especially in beaver pelts for European hat-makers — was the foundation of the early Canadian economy.

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