Physiocrat
Definition, Meaning & Examples
Pronunciation /ˈfɪzɪəkɹat/ · Part of speech noun
Quick meaning: Physiocrat is a noun meaning (economics, now historical) Any of a group of economists in 18th-century France who believed that the government should not seek to influence the operation of natural economic laws.
Meaning
(economics, now historical) Any of a group of economists in 18th-century France who believed that the government should not seek to influence the operation of natural economic laws.
Example Sentences
Smith spent some time in Paris and got to know the physiocrats personally, notably François Quesnay and Anne-Robert-Jacques Turgot.
The Physiocrats espoused a professional service ethic and, in the interests of societal welfare, sought to establish laws of political economy and social relations.
Word Forms
- physiocrats
Related Words
Related dictionary entries include physiocratism, economist, antieconomism, fiscalist, economocracy, economism.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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