What are some reasons european nations wanted colonies

The reasons for colonization are various. The main reason why Europe wanted colonization is the economy.

Explanation:

In Europe at the time of colonization was happening depression, so great forces like France and Germany were losing money.

European countries wanted more power, to expand economically, or to create more create a colony for more farmland so that they can feed their growing population.

The main reason was economical, but also politics and religion were reasons for colonization.