Relacionar Columnas The EnlightenmentVersión en línea Economy in the XVIIIth century and the Enlightenment in Spain por Gehistart Artgeo 1 Wealth was based on the amount of gold and silver that it accumulated. Monarchs promoted exports and restricted imports 2 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 Economic Societies of Friends of the Country 6 Enlightenment ideas 7 Nations real wealth derived from land and natural resources 8 9 10 Spanish ports were allowed to develop free trade with America. Mercantilism Private associations of enlightened thinkers met to discuss a variety of subjects. They founded schools to train artisans and farmers. Economic development (Carlos III) Improve economic, social and cultural conditions in Spain Esquilache riots Economic liberalism Economic development (agriculture) Economic development (trade) Physiocracy Economic development (industry)