In Their Development of the "Laws" of Economic Life, the Physiocrats

question 26

Multiple Choice

In their development of the "laws" of economic life, the physiocrats recommended all of the following except

• A)mercantilism, with a focus on commerce and manufacture.
• B)the elimination of the collective control of farmland by peasants.
• C)the elimination of seigneurial rights over land and labor by landowners.
• D)the free flow of produce to market.
• E)"let it run on its own."

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Definitions:

Goal-Directed Behaviors

Refers to actions or activities that are carried out with a specific outcome or objective in mind.

Self-Control

The ability of an individual to regulate their thoughts, emotions, and behaviors in the face of temptations and impulses.

Goal-Directed Problem Solving

A cognitive approach that involves identifying objectives and developing strategies to address and resolve specific challenges.

Stimulus-Driven

Describes a process or response that is directly influenced by external factors or stimuli, rather than being internally initiated.