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