Other European nations, particularly England, France, and the Netherlands, responded to Spain's wealth by seeking to challenge its dominance through exploration, trade, and military conflict. They were motivated by envy and the desire to access the lucrative resources and wealth generated by Spain's colonies in the Americas. This led to increased competition for overseas territories, piracy against Spanish ships, and the establishment of rival colonies, ultimately contributing to tensions that would shape European geopolitics in the following centuries.
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During ww1 Spain was and remained neutral through out the war. Although Spain was neutral it played a great role in sending supplies to France, Germany and many other European nations. Spain also sent suplies to many South American nations. This affected Spains lifestyle by not only increasing the Spanish economy but it tripled Spains gold reserves and the Spanish people lived a brief age of wealth!
Because for expansion
mercantilism
why did the western European spend much of there wealth on building strong armies and navies
Exploration and commerce to create wealth
The Wealth of Nations was created in 1776.
The colonies supplied European nations with wealth such as raw materials, natural resources, trade routes, and a market place for finished goods.
Africa had a wealth of Natural Resources
European nations colonized Africa in the 19th century because of it's wealth of natural resources. Africa had a great amount of petroleum, lead, tin, copper and precious gems. Africa was a source of economic growth for the European countries.
An Inquiry into the Nature and Causes of the Wealth of Nations (generally referred to by the short title The Wealth of Nations) by the Scottish economist Adam Smith. was first published in 1776
The Europeans were able to receive any resources from that distant land because of these colonies. With resources, comes wealth. With wealth, comes power. ect. ect.