Definition of physiocracy in English:

physiocracy

noun

  • See physiocrat

    • ‘The result was a new category of science whose original nomenclature, ‘physiocracy’ (the rule of nature), was discarded for that of ‘economics’ but then restored as other schools emerged, each with its distinctive emphasis.’
    • ‘Chapters 2 to 11 provide surveys of traditional topics such as ancient Greek and medieval economics, mercantilism, physiocracy, political arithmetic, Adam Smith, classical economics, and Marx.’

Pronunciation

physiocracy

/ˌfɪzɪˈɒkrəsi/