Relier Pairs The EnlightenmentVersion en ligne Economy in the XVIIIth century and the Enlightenment in Spain par Gehistart Artgeo 1 Economic Societies of Friends of the Country 2 3 The ports were allowed to develop free trade with America 4 Spanish ports were allowed to develop free trade with America. 5 Nations real wealth derived from land and natural resources 6 7 Wealth was based on the amount of gold and silver that it accumulated. Monarchs promoted exports and restricted imports 8 The only way to enrich a nation is by enriching its individuals, since personal benefit will end up benefiting society as a whole. 9 10 Enlightenment ideas Economic development (trade) Private associations of enlightened thinkers met to discuss a variety of subjects. They founded schools to train artisans and farmers. Mercantilism Improve economic, social and cultural conditions in Spain Physiocracy Economic development (agriculture) Economic development (industry) Esquilache riots Economic development (Carlos III) Economic liberalism