One of the widely accepted reasons is that Europeans were attempting to find a route to China and India. However, while true, this statement lacks truth. Many Europeans were seeking freedom from religious persecution. Ever hear of the Pilgrims? That's what they were all about. Other reasons to come to North America would be cheap land, a chance for adventure, and easy money.
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Marshall Plan
Capitalism and Mercanttilism took place in Europe after the age of exploration.
If you are on Odysseyware: An economic depression
Reasons for growth were improvements in agriculture and the revival of trade.
The reasons are mainly greed and the want of power by religious and economic powers.