Matching Pairs The EnlightenmentOnline version Economy in the XVIIIth century and the Enlightenment in Spain by Gehistart Artgeo 1 Nations real wealth derived from land and natural resources 2 3 Economic Societies of Friends of the Country 4 5 Enlightenment ideas 6 Spanish ports were allowed to develop free trade with America. 7 Wealth was based on the amount of gold and silver that it accumulated. Monarchs promoted exports and restricted imports 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 10 The ports were allowed to develop free trade with America Economic development (trade) Esquilache riots 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. Mercantilism Economic development (Carlos III) Economic development (agriculture) Physiocracy Economic development (industry) Economic liberalism