The first colonists that came to the New World were looking for a fast way to get rich. The goals for each country soon changed. List how each country made money from its colonies.

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Explanation:

There were four important European countries that colonized North America.

Several European countries followed the same trip made by Columbus in search of new trade routes to Asia to find precious metal and spice.  They ended up colonizing North America for different economic reasons.  Spain colonized America because they were searching for gold and silver.  They did find a lot of gold and silver when they conquered the Aztec and Inca Empires.

France colonized North America because of the great amount of furs they found there.  The French traded with the Indians for furs that they then took back and sold in Europe because people were willing to pay a lot of money for furs in Europe.

The Dutch  started a colonizing America in a city called New Amsterdam.  The English later took over the city and renamed it New York.  The Dutch were merchants (businessmen) and wanted to set up a city that would be an international city of  business and trade.  The fur trade was the first business in New Amsterdam.  New York City is still an international trade center today (It was the World Trade Center in New York that the terrorists flew into).

The English colonized North America for several different economic reasons.  Basically, they found goods that had a market in Europe.  The English that settled New England found timber that was great for building ships.  The English that settled the middle colonies of New York and Pennsylvania found good farmland that was great for growing food that could be sold in Europe.  Finally, the English that colonized the southern colonies found that area was good for growing cash crops like tobacco.

An example of colonies of countries would be the Philippines And Cuba from Spain. They used these colonies for transporting goods and a profitable sugarcane buisness. They used the colonies to build industries and establish a good economy. The more latent and well known Colony would be the Colonies of Eastern America. The British taxed the colonies and had them pay more and more. Eventually putting the same tax from England on the Shoulders of the Colonies since they were in severe debt. The Results of these colonies Resulted in wars like the Revolutionary War and the Spain and American War. The war for Spain was unsuccesful making them lose The Philippines to the U.S but they then revolted and attempted to separate and become independent like the United States back in 1776. The Philippines got freedom after WWII after they had helped take down Japan. The idea is that colonies provide a vast amount of opportunity and plenty of taxes. Though most colonies end in disaster.

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