Final answer:
Europeans desired goods from the New World such as precious metals, tobacco, and sugarcane, which had a significant economic and cultural impact on Europe.
Step-by-step explanation:
Among the numerous goods that Europeans sought from the New World, three noteworthy commodities stand out for their widespread demand and profound impact on European markets. First, Europeans were enticed by the allure of precious metals, such as gold and silver, which could enrich their treasuries and support their burgeoning economies. Next, the introduction of tobacco to the European continent led to an addictive demand for this American plant, ultimately transforming social habits and consumer culture.
Lastly, sugarcane became a valuable crop when brought to the New World's climate; processed sugar was highly sought after back in Europe, though not without severe consequences for the indigenous populations due to the establishment of labor-intensive plantations.