Final answer:
Owning more colonies allowed England to exploit resources and labor, generate wealth, and expand their market.
Step-by-step explanation:
Owning more colonies made England rich because it allowed them to exploit the resources and labor of these territories. For example, England exploited the resources of its American colonies, such as tobacco and raw materials, and utilized the cheap labor of enslaved Africans to generate wealth. The colonies also provided new markets for English goods, boosting their economy.
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