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the fact that they are "laissez-faire" does not mean that they are merely for show, they still run the country, making important decisions to further the counties industrial, technological and economic development.
Beulah Wilkinson
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What is the government's role in laissez faire economics?
to help maintain competition
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.
Laissez-faire theory holds that government should play a very limited role in?
society
What is the government's role in laissez faire economics?
to help maintain competition
What laissez faire supports believe about the role of government in economic affairs?
Entrepreneurs
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.
Economic policy by which the government minimizes its regulation of industry?
laissez-faire laissez-faire
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.
Laissez-faire theory holds that government should play a very limited role in?
society
Difference between laissez- faire and mercantilism?
laissez-faire has no control by the government, while mercantilism is an economy controlled by the government
What is the role of laissez-faire in the government?
the fact that they are "laissez-faire" does not mean that they are merely for show, they still run the country, making important decisions to further the counties industrial, technological and economic development.
Idea that government should play as small a role as possible ing economic affairs?
Laissez Faire
What is it called when the government takes a hands off approach to businessess?
A government with a hands off or laissez-faire approach doesn't interfere with the economy and generally stays out of the citizens lives.
What economic system has the least government control?
The Free Market Enterprise system (aka: Capitalism). its laissez faire
