Final answer:
Owning more colonies made England rich by providing raw materials, captive markets, and trade monopolies.
Step-by-step explanation:
Owning more colonies made England rich through various means:
- The colonies provided a steady supply of raw materials, such as tobacco, cotton, and indigo, that were in high demand in Europe.
- Colonies served as captive markets for English manufactured goods, allowing the country to export its products and generate revenue.
- By controlling colonies, England could establish trade monopolies and impose tariffs on other countries, further enhancing its economic power.
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