How were Europeans economics impacted by trade in Asia

1.They experienced economic depression due to their own goods being devalued
2.they made millions through the sale of luxury goods
3. They grew wealthy and purchased many artistic and luxury goods
4.They were motivated to form permanent colonies in Asia after growing immense wealth

2. They made millions through the sale of luxury goods.

3. They grew wealthy and purchased many artistic and luxury goods.
4. They were motivated to form permanent colonies in Asia after growing immense wealth.