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