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