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