Some of the More Influential Economic Reforms of the Eighteenth

question 23

Multiple Choice

Some of the more influential economic reforms of the eighteenth century were suggested by a group of economists in France called the physiocrats. What reforms did they support?

• A) They pushed for full government regulation of all aspects of the economy, especially agricultural production and international trade.
• B) They believed the government should subsidize agricultural production in times of famine and provide a social welfare system for the urban poor.
• C) They argued in favor of the complete abolition of taxation on commercial enterprises and trade, with the tax burden falling on peasants and the middle class.
• D) They urged the government to deregulate the grain trade, make the tax system more equitable, and abolish urban guilds that prevented free entry into the trades.

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