fisiocrcia 17
fisiocrcia is incorrectly written, and should be written as 'physiocracy"being its meaning: The physiocracy or fisiocratismo was a school of economic thought from the 18th century founded by François Quesnay, Anne Robert Jacques Turgot and Pierre Samuel du Pont de Nemours in France. He said the existence of a natural law by which the proper functioning of the economic system would be ensured without the intervention of the Government. His doctrine is summarized in the term laissez faire. The origin of the physiocracy term comes from the Greek and means " Government 34 nature; considering the physiocrats than human laws should be in harmony with the laws of nature. This relates to the idea that only in agricultural activities, nature enables the product obtained is greater to the inputs used in production thus emerging economic surplus. The physiocrats qualified sterile activities such as manufacturing or trade where the seizure would be enough to replace the used inputs.