European explorers discovered natural resources before wealthy Englishmen invested in the American colonies.
Explorers discovered natural resources like lumber, furs, and rich farmland. The exploration of the New World and Africa in the late 15th century led to the discovery of valuable resources which fueled European colonization activities.
Wealthy Englishmen invested in the American colonies. As colonization progressed, English traders invested in plantation colonies in the Caribbean and South America and engaged in the trafficking of humans for colonial plantations.
European exploration in North America led to the establishment of settler colonialism and the territorial appropriation of Native American lands by European powers.
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