Relacionar Columnas The EnlightenmentVersión en línea Economy in the XVIIIth century and the Enlightenment in Spain por Gehistart Artgeo 1 Spanish ports were allowed to develop free trade with America. 2 3 Economic Societies of Friends of the Country 4 Wealth was based on the amount of gold and silver that it accumulated. Monarchs promoted exports and restricted imports 5 6 Nations real wealth derived from land and natural resources 7 8 The ports were allowed to develop free trade with America 9 Enlightenment ideas 10 The only way to enrich a nation is by enriching its individuals, since personal benefit will end up benefiting society as a whole. Physiocracy Mercantilism Economic development (Carlos III) Economic development (industry) 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) Esquilache riots Economic development (trade) Economic liberalism