wealth i think........... MONEY!
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What did Europeans hope to gain from exploring the New World
freedom
Products from Asia, such as spices, were of rare variety in Europe and sold for high prices. European nations lacked the ability to reach Asia mostly because the Ottoman Empire was blocking the way and the cape of Africa wasn't very easy to pass, thus, Europeans needed to find a different way. Unreal passages in the New World like the Northwest Passage and the Northeast Passage were said to lead to Asia and the West Indies. Hope I could help. ~ Richard :)
Europeans:guns,pots,pans,knives,etc. First Nations:fur,medicine,herbs,they helped Europeans travel with their canoes,they helped them build maps,etc. hope i helped!!=) LOLz
For the same reason we check out mineral resources, sometimes at huge expense: in the hope of striking gold. Or oil, or other things which will give us money. In order to make money and increase military power. Stealing from distant lands was a lucrative business.