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Rosella Runte

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2y ago
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12y ago

Laissez-faire capitalism can be briefly described as the "invisible hand" in which the government stays out of the markets and essentially lets them fix themselves from dips, fall-offs, and depressions.

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13y ago

The economy should be freed from the restraints of government interference.

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Q: What best describes the role of a government that is following the philosophy of laissez faire?
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Which statement describes the role of a government that is following the philosophy of laissez-faire?

The government does not interfere in business practices.


Which best describes the role of a government that is following the philosophy of laissez-faire?

The government does not interfere in business practices.


Which statement best describes the role of a government that is following the philosophy of laissez-faire?

The government does not interfere in business practices.


What is the philosophy of keeping the government's hands off the business?

Laissez-faire


What philosophy states that government should not involve itself in business?

Laissez-Faire Capitalism


What is the laissez faire philosophy of government toward business?

Under this policy, the government would not become involved in the economy.


What term describes that the government should stay out of business?

le laissez-faire


What would the government do or refrain from doing under a laissez faire philosophy?

not become involved in the economy


What term BEST describes the U.S. government's policies towards businesses in the late 19th century?

laissez-faire


Which phrase best describes the economic policy of laissez- fairs?

A laissez-faire economic policy involves a minimum of government interference in business.


Which phrase best describes the economic policy of laissez-fairs?

A laissez-faire economic policy involves a minimum of government interference in business.


The philosophy that government should keep its hands off the economy and let the market function freely?

laissez-faire