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WordReference Random House Unabridged Dictionary of American English © 2024phys•i•o•crat (fiz′ē ə krat′),USA pronunciation n. - Businessone of a school of political economists who followed Quesnay in holding that an inherent natural order properly governed society, regarding land as the basis of wealth and taxation, and advocating a laissez-faire economy.
- French physiocrate. See physio-, -crat
- 1790–1800
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