European expeditions in the 15th and 16th centuries had significant economic impacts. These expeditions led to the discovery of new trade routes, such as the route to India by Vasco da Gama. This resulted in increased trade and the establishment of colonies, which brought wealth and resources back to Europe. The expeditions also played a role in the development of capitalism and the rise of mercantilism. Additionally, the influx of precious metals, such as gold and silver, from the Americas fueled economic growth and inflation in Europe.