How did the age of exploration competition for colonies changed the economic system of Europe?

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asked Nov 25, 2021 41.0k views

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Aryak Sengupta · Answer 1 · 2021-12-01T21:12:29+0000

Answer:

Explorers learned more about areas such as Africa and the Americas and brought that knowledge back to Europe. Massive wealth accrued to European colonizers due to trade in goods, spices, and precious metals.

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How did the age of exploration competition for colonies changed the economic system of Europe?

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