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