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Goshia [24]
3 years ago
10

What were the economic reasons why European powers needed to gain colonies?

History
1 answer:
Pani-rosa [81]3 years ago
6 0

Answer:

Explanation:

Concerns money and wealth. ECONOMIC REASONS: HUNGER FOR GOLD AND SILVER Based on the success of Spain, the first colonists believed that gold and silver existed in great abundance in the Americas. These early adventurers came to the Americas in search of precious metals.

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