answersLogoWhite

0

The Physiocratic school, founded in the 18th century by François Quesnay, emphasizes that land is the primary source of wealth and that agriculture is the most productive economic activity. It advocates for a natural order where economic activities should be left free from government intervention, promoting the idea of laissez-faire. Additionally, Physiocrats introduced the concept of the "net product," highlighting the importance of surpluses produced by agriculture. They believed that true wealth comes from the land and its resources, laying the groundwork for later economic theories.

User Avatar

AnswerBot

4d ago

What else can I help you with?

Related Questions

Major tenets of ecocentric ethics?

Every living thing is intrinsically valuable and should be respected


How did the idea of the physiocratic change the way the government was run?

The government about businesses to operate without interference.


How many tenets?

retention missions include how many tenets


How do you properly use tenets in a sentence?

The tenets of the club regulated their actions.


How many rentention tenets?

retention missions include how many tenets


Who did francois quesnay upset?

François Quesnay upset the physiocrats by challenging their economic theories and advocating for his own ideas, particularly his Tableau Économique model. This led to some friction within the physiocratic school of thought but also contributed to the development of economic theory.


The strength management program of the national guard recruiting and retention missionincludes how many basic tenets?

12 basic tenets


What are people who develop ideas that explain how the economy works known as?

Such people are generally known as Economists. There are many varieties of economists, like Neo-Classical, Keynesian, Marxist, Mercantilist, Physiocratic, etc.People who develop ideas that explain how an economy works are called economists.


What are tae kwon do's five tenets?

The tenets are Courtesy Integrity Perseverence Self Control & Indomitable Spirit.


What were some tenets of the Greaser culture?

There are many tenets of the greaser culture. Examples of some of the tenets of the greaser culture include having a greased-back hairstyle and being primarily in the white ethnic youth subculture.


What are major aspect of organization of the school of the future?

What are major aspect of organization of the school of the future?


How many basic tenets does the strength management program of the national guard recruiting and retention mission?

12 basic tenets