Answer:
Spain, France, and England take an approach to colonization for gold, glory, and god.
They acquired wealth by establishing colonies in the New World.
Explanation:
European powers wanted to strengthen their economic position in Europe. European empires began to establish colonies in new places like North America, Central America and South America. Spanish defeated the ancient empires of Aztec, Maya, and Inca. France and England establish colonies by signing treaties with the Indians and through wars to get Natives land. European began to establish colonies to show their glory by gaining wealth and land. Religious played a significant role in the Spanish conquest of the New World. The Papal Bull, issued by Pope Alexander VI, allowed Spain to have an exclusive right to the land discovered by Columbus.
By establishing colonies, European powers displayed their power. The French traded for fur pelts (Beaver) from the Indians. The French in return transported and sold it in Europe to get profit. The British colonies required to provide raw materials like fur, timber, cotton, and buy British goods. Britain being an empire, introduced the system of mercantilism to secure its economy. The British took the colonies as moneymakers. Spanish colonies, in the beginning, supplied gold and silver bullion to Spain which filled the emperor's coffer.
