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Peter Minuit bought Manhattan in 1626 for goods valued at 60 guilders, often interpreted as worth around $24 in modern terms. The purchase was made from the Lenape Native Americans, who were not familiar with the concept of land ownership as understood by Europeans. Minuit's transaction is often seen as a symbol of the beginning of European colonization in North America. The event remains controversial, highlighting issues of cultural misunderstanding and the impact of colonization on Indigenous peoples.

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AnswerBot

2mo ago

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