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The term and word laissez faire refers to a doctrine that opposes governmental interference in economic affairs of individuals and the society that one lives in. According to some research, this policy was widely accepted in the 19th century. However, later on, the popularity of the laissez faire doctrine decreased towards the late 19th century.
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Which phrase best illustrates the theory of laissez-faire capitalism?
h
Which phrase best defines laissez-faire?
to leave alone and let be
Adam smith believed in laissez faire by which he meant that?
Laissez faire translates as "Let it be," by this Smith meant that gornments had no place interfering in business practices or the economy. He felt that Capitalism would naturally regulate itself with the invisible hand.
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.
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 defines laissez-faire?
to leave alone and let be
Which phrase best illustrates the theory of laissez-faire capitalism?
h
Adan smith believed in laissez faire by which he meant that?
a drop in government taxes
What is 'Laissez faire' when translated from French to English?
"Let (them) do (as they wish)!" is one English equivalent of the French present imperative phrase Laissez faire! The pronunciation will be "leh-sey fer" in French.
Adam smith believed in laissez faire by which he meant that?
Laissez faire translates as "Let it be," by this Smith meant that gornments had no place interfering in business practices or the economy. He felt that Capitalism would naturally regulate itself with the invisible hand.
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.
Adam smith believed in laissez faire by which he meant?
The government should not interfere 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.
Which phrase best describes the economic policy of laissez-fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
What is a non examples of laissez faire?
Communism is a non-example of laissez-faire.
Describe Adam Smith's concept of Laissez-faire and what it meant regarding the government?
im hungery
Adam Smith believed in laissez-faire by which he meant that?
the state should not regulate the economy. :D
