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It means a lack of involvement on the part of the government to see how the events or problem turns out.
economic environment in which transactions between private parties are free from tariffs, government subsidies, and enforced monopolies, with only enough government regulations sufficient to protect property rights against theft and aggression.
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Economic policy by which the government minimizes its regulation of industry?
laissez-faire laissez-faire
What is the main purpose of laissez faire policy?
To do nothing.
What is the policy of laissez- faire?
Active government intervention
What is a sentence for the term laissez-faire?
The government's policy concerning religion has a laissez faire quality.His laissez-faire attitude shows how little he cares about life.The laissez faire policies of Coolidge and the Republicans are often blamed for the Great Depression.The mayor seemed to take a laissez faire attitude toward the casinos in his town.
Which is a laissez faire policy?
There is little government regulation of business.
What phrase can be used to describe the economic policy of laissez-faire?
The economic policy of laissez-faire is minimum intervention by governmental bodies into commercial and business affairs.Laissez-faire could be described as everything will work it self out if you leave it alone.
What is a laissez-faire policy?
Businesses operate in a purely free marketA policy of not interfering.
Is a laissez-faire policy?
Businesses operate in a purely free marketA policy of not interfering.
What is the opposite of laissez-faire economic policy?
Active government intervention
Hands off economic policy is also known as what?
Laissez-faire
What was the hands off policy of the US in the 1930's?
Laissez-faire
What groups favored a laissez-faire policy because it allowed them to do as they pleased?
The laissez faire policies favored the business and factory owners at the expense of workers.business owners
