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After Europeans began to gain wealth, there was a surge in exploration and colonization, leading to the establishment of overseas empires. This wealth often stemmed from the exploitation of resources and labor in colonized regions, particularly in the Americas, Africa, and Asia. The influx of riches contributed to the rise of powerful nation-states and intensified competition among European powers. Additionally, it fueled the development of trade networks and laid the groundwork for the global economy, but also resulted in significant social and cultural upheaval, along with the subjugation of indigenous populations.

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5d ago

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What is the effect of Europeans countries began to gain wealth?

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