Which of the following ideas are representative of The Physiocratic School?
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Answer:
Physiocracy:
In economic terms, physiocracy is acknowledged as an economic theory that contends that a nation's wealth is obtained from agricultural land. Therefore, agricultural products should command high prices.
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Explanation:
courvee'
_____ industrial revolution
_____ value of use and value of the exchange
_____ ear of goods
_____ trade as a zero-sum game
_____ protectionism
_____ absolute advantage
_____ laissez-faire
_____ harmony of interests
_____ self-interested economic behavior
_____ division of labor
_____ colonization
_____ emphasis on agriculture
_____ labor theory of value
_____ comparative advantage
_____ sterile and productive class
_____ industrial revolution
_____ bullionism
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