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The Europeans explored lands overseas for economic gain. Merchants could make great fortunes by trading valuables like spices from Asia, ivory or slaves from Africa, gold and silver from South America, or pelts from North America.

Colonies also served as assets, too. Plantations that grew crops like indigo, sugarcane, or tobacco also could make their owners wealthy. And other colonies, like the Spanish colonies in some parts of Central and South America, didn't trade gold; rather, they forced the natives to work in mines so that they could make a fortune off of the precious metals without having to even trade anything or treat the Native Americans with respect.

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