Please enable JavaScript.
Coggle requires JavaScript to display documents.
ECONOMIC CHANGES IN THE 18TH CENTURY 1.7 image, image, image, image,…
ECONOMIC CHANGES IN THE 18TH CENTURY 1.7
ECONOMIC REFORMS IN SPAIN
economy experienced a growth
reforms by Felipe V, Fernando VI and Carlos III
sociedades económicas de amigos del país
scientific, economic and technical studies
publishing results
important reforms
craft production
royal manufacturers were established for
porcelain
silk
Textile production in Cataluña was protected from foreign competition
trade
internal customs duties were abolished
Cádiz lost its monopoly on transatlantic trade
free trade with America
agriculture
canals were built to facilitate irrigation
uninhabited areas were colonised
ECONOMY
at the beginning
same characteristics as in the earlier phases of Ancien Règime
changes
harvests improved
new crops
improved human and animal nutrition
potatoes and corn
new agricultural techniques
improved agricultural machinery increased farmers' productivity
crop rotation
Craft production increased
because population growth caused an increase in demand for many consumer goods
new systems of production
domestic system
became more important
products made in homes and sold to merchants
earn extra income during times of reduced agricultural activity
Royal manufacturers
produced various luxury goods
based in large workshops
used simple tools
TRIANGULAR TRADE
trade types
domestic trade improved
improving roads and building new ones
by monarchs
International trade grew
increased exchanges of goods
between Europe and the American colonies
During the 18th century
Atlantic Ocean world's most important trading zone
The triangular trade routes
between Europe, Africa and America
controlled by the British
international trade
Indian Ocean controlled by
Great Britain
United Provinces
France
drove the French out
by The Dutch and British
from India
in 1763
European expansion of global trade
carried out through private companies
the British East India Company
gave them control over trade in a particular area
