Regulated Production

Definition

Regulated production refers to the system established by the Spanish Crown in its colonies to control and manage the manufacturing and exportation of goods. The goal was to ensure that all production activities were aligned with the economic interests of Spain.

Related terms

Mercantilism: Mercantilism is an economic policy where a country maximizes exports and minimizes imports in order to accumulate wealth and power.

Colonial Economies: Colonial economies refer to the economic systems established in European colonies, such as those controlled by Spain, which were primarily designed to benefit the colonial powers.

Triangular Trade: Triangular trade was a system of trade between Europe, Africa, and the Americas during which goods such as raw materials, slaves, and manufactured products were exchanged among these regions.