Relacionar Columnas The EnlightenmentVersión en línea Economy in the XVIIIth century and the Enlightenment in Spain por Gehistart Artgeo 1 Nations real wealth derived from land and natural resources 2 3 Wealth was based on the amount of gold and silver that it accumulated. Monarchs promoted exports and restricted imports 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 The ports were allowed to develop free trade with America 10 Enlightenment ideas Economic development (Carlos III) Economic development (trade) Private associations of enlightened thinkers met to discuss a variety of subjects. They founded schools to train artisans and farmers. Economic development (industry) Economic liberalism Economic development (agriculture) Physiocracy Mercantilism Improve economic, social and cultural conditions in Spain Esquilache riots