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 Spanish ports were allowed to develop free trade with America. 3 Wealth was based on the amount of gold and silver that it accumulated. Monarchs promoted exports and restricted imports 4 5 6 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 Economic Societies of Friends of the Country 10 The ports were allowed to develop free trade with America Economic development (Carlos III) Economic liberalism Esquilache riots Economic development (trade) 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 (agriculture) Mercantilism Physiocracy Economic development (industry)