How did Europeans make profit?

Answer 1

Europeans historically made profit through various means, including trade, colonization, and exploitation of resources. The establishment of trade routes and colonial empires allowed them to access valuable commodities like spices, gold, and sugar, which were often produced using enslaved labor. Additionally, the Industrial Revolution enabled mass production and innovation, further enhancing economic profit through manufacturing and export. Ultimately, these activities were often underpinned by the exploitation of both Natural Resources and human labor across the globe.