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Is laissez faire good or bad?

Updated: 8/23/2023
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13y ago

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Laissez faire economics is an arguable theory, but is generally perceived as a good strategy. It involves relaxed regulations revolved around the belief that freedom and low taxes will encourage spending and therefore a positive shift in the economy.

When people have more money to spend, laissez faire says that the market will improve and the overall quality of life will do the same.

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13y ago
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Q: Is laissez faire good or bad?
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