Want to create interactive content? It’s easy in Genially!

Reuse this genially

Enlightenment economy

blanca.gauna

Created on September 21, 2020

Enlightenment in the 18th century

Start designing with a free template

Discover more than 1500 professional designs like these:

Practical Video

Akihabara Video

Essential Video

HALLOWEEN VIDEO MOBILE

Halloween Illustrated Video

Halloween video

Birthday Party Invitation

Explore all templates

Transcript

VIDEOPRESENTATION

Enlightenment economy

New economic policies opposed to the one from the Old Regime

OLD REGIME

ENLIGHTENMENT

VS

  1. Economic liberalism
  2. Physiocracy

Mercantilism

Mercantilism

Accumulation of precious metals, control of trade and economy in hands of the State

Economic liberalism

Law of the offer and demand. Individual´s benefit as a way to achieve the benefit of the whole society

Adam Smith

Physiocracy

The wealth of a nation is on its land because thanks to it inhabitants have all the necessary to live.State should NOT intervene.

Francois Quesnay

Consequences of these economic policies

Trade

Artisans

Agriculture

DOMESTIC TRADE DEVELOPED*FOREIGN TRADE: COLONIES

PEASANTS MADE PRODUCTSSTATE OPENED FACTORIES

*NORFOLK SYSTEM*NEW PRODUCTS

Thanks!