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Social Classes

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Classes According to Mercantilists and Physiocrats, three social classes that have contributed to the progress within their times are: the "proprietary" class that only includes landowners; the "productive" class that includes agricultural laborers; and the "sterile" class that includes artisans and merchants. It must be understood that the propriety class is usually considered the top most in the hierarchy that enables the flow of finances between these three social classes, and impact the overall progress and development of the society or region. When you look at Mercantilists time, you see the work of capitalism where more money is employed in productions to generate big surplus for capitalists. Here issues start to rise as this …show more content…
This class, by economists is held as the top most on the hierarchy or natural order of the social classes. It is because of the existence and strength of this class, that the rotation of finances and cash flow between the classes exist in the society. If this class is weakened, according to the Theory of Mercantilism and Physiocrats, the cash flow will become unstable and weak.

Productive Class
The productive class that includes agricultural laborers is also an essential class of the society that directly contributes towards the progress and development of the society. This is the class that get th least return of their contribution, however, their contribution is of great significance and cannot be disregarded. If any country does not have a stable labor or agricultural system, then they have to put in a lot more struggle and investment to stabilize their economy.

Sterile Class
Sterile Class based of merchants and artisans is another important social class that is also part of the ruling class most of the times. This includes the trading class that enhances the economy of the country through imports and exports within the country or region. The merchants and artisans, directly and indirectly, become the agents of reputation and image of their society at global levels as well. They secure the reputation of the society as safe or otherwise that could attract the interest of other investors, traders and other interested stakeholders as

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