What was one way that Europe countries increased their wealth and?

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1179395

2026-07-27 01:41

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European countries increased their wealth during the Age of Exploration by establishing vast colonial empires. They exploited resources from colonies, such as gold, silver, and spices, which were transported back to Europe, significantly boosting their economies. Additionally, the establishment of trade routes facilitated the exchange of goods and ideas, further enhancing economic growth and cultural exchange. This mercantilist approach laid the foundation for the rise of capitalist economies in Europe.

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