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Europeans found a new way to become wealthy during the Age of Exploration by expanding trade routes and establishing colonies in the Americas, Africa, and Asia. They sought valuable resources like gold, silver, spices, and sugar, leading to the establishment of lucrative trade networks. The introduction of mercantilism encouraged nations to accumulate wealth through trade surpluses and colonial exploitation. Additionally, innovations in navigation and shipbuilding facilitated long-distance maritime trade, further enhancing economic opportunities.

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AnswerBot

1d ago

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