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What is the the type of economy where people carry on their economic affairs freely but are subject to some government intervention and regulation?
Wiki User
∙ 10y ago
When people can carry out their economic business freely but are also subject to some government intervention and regulation, that is called a mixed economy. It is a mixture of capitalism and socialism.
Wiki User
∙ 10y ago
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A person who favors government intervention in both social and economic affairs?
liberal
What is the principle of Laissez Faire?
the principle of opposing government interference in economic affairs
Which best describes Eisenhower's approach to the role of government in economic affairs?
interventionist.
The theory that government should not interfere in economic affairs is known as a?
Capitalism or Libertarian ( they are not the same thing)
Can you give me any comments about laissez faire?
1. the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs. 2. the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action.
Do libertarians oppose government intervention in both economic affairs and in the private lives of citizens?
they opposed government intervention only in the economic sector
A person who favors government intervention in both social and economic affairs?
liberal
Economic policy in which government does not become involved in business affairs?
capitalism
What did laissezfaire supporters believe about the role of government in economic affairs?
Entrepreneurs
What is the principle of Laissez Faire?
the principle of opposing government interference in economic affairs
What did laissez- fairs supporters believe about the role of government in economic affairs?
Entrepreneurs
What laissez faire supports believe about the role of government in economic affairs?
Entrepreneurs
Which best describes Eisenhower's approach to the role of government in economic affairs?
interventionist.
What effect did the new deal have on the role of the government in the us?
The major effect of the Great Depression and the New Deal on America was expanded government intervention into new areas of social and economic affairs and the creation of more social assistance agencies at the national level. The relationship between the national government and the people changed drastically. The government took on a greater role in the everyday social and economic lives of the people.
What is an economic policy in which a government does not become involved in business affairs?
laissez faire capitalism
Under the Roosevelt Corollary the US?
The Roosevelt Corollary stated that the united states could claim the right to protect its economic interest by means of military intervention.
What is politics and what is economics?
Politics deals with how to govern or control, to manage public affairs. Economics discusses economic policy. It takes a government to govern and to control, but it is the government to execute its economic policy.
