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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.

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Q: What were the Physiocrats and what economic policy did they argue for?
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What is physiocrats?

A physiocrat is a member of a school of political economists founded in 18th century France and characterized chiefly by a belief that government policy should not interfere with the operation of natural economic laws and that land is the source of all wealth.


What government policy did Physiocrats support?

the government policy they support was natural laws.


The economic doctrine of the Physiocrats and Adam Smith is best summarized by the concept of?

The Separation of powers.


Which group focused on economic reform during the Enlightenment?

Physiocrats which were basically trying to combat mercantilism.


What is the definition of physiocrats?

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.


The pros and cons of the mercantilism and physiocrats?

pros and cons about mercantilist and physiocrats


The pros and cons of physiocrats?

pros and cons of physiocrats


When was Economic Policy Institute created?

Economic Policy Institute was created in 1986.


When was Contemporary Economic Policy created?

Contemporary Economic Policy was created in 1982.


Economic policy?

Economic policy concerns the way the government collects and spends money and regulates the market. Income tax rates are an example of economic policy.


What micro economic policy changes would you recomand to increase south Africa's export potential?

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What has the author William Kenneth Bellinger written?

William Kenneth Bellinger has written: 'The economic analysis of public policy' -- subject(s): Economic aspects, Economic aspects of Policy sciences, Economic aspects of Political planning, Economic policy, Policy sciences, Political planning