1. relating to or supporting physiocracy, an economic theory that agriculture is the source of all wealth and that agricultural products are the only true wealth
Usage: economics; historical

Examples

• The physiocratic school of thought emerged in 18th-century France.
• Physiocratic economists believed that only farming created real value.
• The physiocratic theory influenced early economic policy in several European nations.
• His physiocratic views led him to advocate for agricultural reform.
• The physiocratic movement preceded the development of classical economics.
• Physiocratic principles emphasized the importance of land ownership.