The economic policy of giving business total control of its development is called laissez-faire.
The economic policy of giving business total control of its development is called laissez-faire. It's French for "Let it alone"...let businesses do what they want to do without government interference
Capitalism I think.
When the government does not heavily participate in the control, growth, or regulation of business, it is referred to as a "laissez-faire" economic policy. This approach emphasizes minimal intervention, allowing market forces to dictate business operations and economic outcomes. Laissez-faire promotes free enterprise and competition, with the belief that this leads to greater efficiency and innovation.
sustainable development.
Rural Economic and Community Development ..usually called Rural Development Loan
assets
The fundamental services and facilities required for any social and economic development are called infrastructures of development.
When business gains complete control of an industry it is called a monopoly. In the United States, monopolies are illegal by statute.
true
When a single entity has sole economic control over a business or product, it is referred to as a monopoly. In a monopoly, the dominant company can influence prices, supply, and market conditions without competition. This can lead to reduced choices for consumers and potentially higher prices. Monopolies are often regulated by governments to promote fair competition and protect consumer interests.
The official measure of economic growth is called Gross domestic product ( gdp) . I remember learning it in business