What were the main ideas and proposals of the Physiocrats regarding the economy?
The Physiocrats believed in the supremacy of agriculture and the d...
What were the main ideas and proposals of the Physiocrats regarding the economy? The Physiocrats believed in the supremacy of agriculture and the division of labor into productive and sterile. They defended the freedom of trade and the elimination of economic controls exercised by the State. They proposed a tax on the net product of land to stimulate the accumulation of capital. They believed that the accumulation of precious metals was not the wealth of the nation, but rather the development of modern agriculture.
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