“…The decline of the Portuguese economy has been evident since 1780, despite the greater integration of the primary sector in international trade and the importance of the Empire; however, it was strongly marked by two decisive moments: the earthquake of 1755 (which destroyed the fixed capital in many regions) and the French invasions (in a period where a recession was already visible due to the decline of gold extraction) (Costa, Lains and Miranda 2016, 164-65). Sectors such as the agricultural sector, despite the great diversification of crops, a result of market incentives that positively affected the standard of living until at least 1760 (Palma and Reis 2016), still showed a very low capacity to innovate (Costa, Lains and Miranda 2016, 164-85). At the same time, the industrial sector benefited from pressure from national authorities, which allowed, «[…] promoting new forms of organizing labor with good results in exports manufactures to colonial markets.» (Costa, Lains e Miranda 2016, 164-85).…”