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Economic changes in the 18th century and society, image, image - Coggle…
Economic changes in the 18th century and society
European economies had the same characteristics as in the earlier phases of the Ancien Régime
Harvests improved for a number of reasons
New agricultural techniques
New crops were introduced
Craft production increased
In rural areas
The domestic system of production became more important
Royal manufacturers produced various luxury goods
Economic reforms in Spain
The Spanish economy experienced growth as a result of reforms introduced by Felipe V, Fernando VI and Carlos III
The sociedades económicas de amigos del país played an important role
Carrying out scientific, economic and technical studies, and then publishing the results
Some of the most important reforms
Agriculture
Canals were built to facilitate irrigation
Canal de Castilla
Uninhabited areas were colonised
Sierra Morena
Craft production
royal manufacturers were established for silk, porcelain and other luxury goods
Trade
Cádiz lost its monopoly on transatlantic trade
Allowing free trade with America
European society continued to be based on the estates system
The nobility and the clergy were opposed to any changes that would reduce their dominance
he wealthy bourgeoisie was inspired by Enlightenment ideas
Peasants' living conditions did not improve