They hated the mercantilism
pros and cons about mercantilist and physiocrats
Physiocrats which were basically trying to combat mercantilism.
For me, it is the physiocrats which is effective, because it deals the importance and value of land agriculture and land development which is totally the main sort of living esp. In philippines.w/ out the agricultural products, we cannot live longer.
she did not fell good
physiocrats focused on econimic reforms where as mecantilists focused on expoting more than importing
pros and cons about mercantilist and physiocrats
Physiocrats which were basically trying to combat mercantilism.
For me, it is the physiocrats which is effective, because it deals the importance and value of land agriculture and land development which is totally the main sort of living esp. In philippines.w/ out the agricultural products, we cannot live longer.
she did not fell good
Physiocracy is the term associated with Francois Quesnay, who is known as the founder of this economic school of thought that focused on the importance of agriculture in driving economic growth. Physiocrats believed that wealth came from the land and criticized mercantilism for its focus on trade and accumulation of precious metals.
physiocrats focused on econimic reforms where as mecantilists focused on expoting more than importing
the physiocrats
francois quesnay
physiocrats
Physiocrats were a group of pre-classical economists in France who argued that the wealth of a country was made from the productive work of its labour, especially in agriculture. They advocated support and capital investment in agriculture.
the government policy they support was natural laws.
Physiocracy was an 18th century movement originating in France. Physiocrats were economists who believed the wealth of a nation is derived exclusively from land agriculture. Their most important contribution to economic theory was the emphasis on productive work.