The economic impact of the Age of Exploration on European societies was profound, driving significant changes in trade, commerce, and wealth distribution. European nations, particularly Spain, Portugal, and later England and France, expanded their territories and established colonies, leading to an influx of resources such as gold, silver, and exotic goods from Asia and the Americas. This influx contributed to a shift from feudal economies to more market-oriented societies and stimulated developments in banking and finance. The resulting wealth enhanced European power and set the stage for the rise of capitalism, reshaping global economic relations.