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