Economic changes in the 18th century

The improvements of harvests

New agricultural techniques: for example, crop rotation and the improvement in agricultural machinery

New crops : for example, potatoes and corn

Increase of Craft production

Economic Reforms in Spain

The Triangular Trade

Craft Production growth due to the demand it had

In rural areas

Royal manufacturers

People made the products at their own homes and sell them to the merchants. It was called domestic system

They produced luxury goods used by the high classes, such as the nobility.

Craft production

Trade

Agriculture

Canals were made and uninhabited places were colonised

Royal factories were established for silk. porcelain and other luxury goods

Internal customs taxes were stopped. As Cadiz lost its monopoly, free trade was established with America

Improvement of Domestic trade

Monarch build new roads and improved the ones they already had

They built canals to connect river systems and modernised ports.

International trade grew

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