The Fur Trade
When the first European explorers came to North America, they hoped to find vast amounts of gold and silver.
This was not an unrealistic expectation, for when Hernando Cortes conquered the Aztec Empire in Mexico in 1518 and 1519, he found incredible quantities of precious metals, as did Francisco Pizarro when he conquered the Inca Empire in 1534. A French explorer, Jacques Cartier, explored the St.