Why did Europeans set out to colonize?

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.

Explanation:

Gold,God, Glory ( 3 G's )

Explanation:

The motivations for the first wave of colonial expansion can be summed up as God, Gold, and Glory: God, because missionaries felt it was their moral duty to spread Christianity, and they believed a higher power would reward them for saving the souls of colonial subjects; gold, because colonizers would exploit resources of other countries in order to bolster their own economies; and glory, since European nations would often compete with one another over the glory of attaining the greatest number of colonies.