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In economics, laissez-faire means allowing industry to be free of state intervention, especially restrictions in the form of tariffs and government monopolies. The phrase is French and literally means "let do," though it broadly implies "let it be" or "leave it alone."
Bad working conditions
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1. non-involvement of the government in the economy
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The theory of laissez-faire capitalism advocates?
noninvolvement of the government in the economy
What does The theory of laissez-faire capitalism advocates?
noninvolvement of the government in the eoconomy
Which phrase best illustrates the theory of laissez-faire capitalism?
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What is let-it-be capitalism also called?
The term more often used for such a form of capitalism is LAISSEZ-FAIRE ECONOMICS.
What was a consequence of laissez -faire capitalism?
corrupt governement
What was a consequence of laissez-faire capitalism?
corrupt government
What was a consequence laissez faire capitalism?
corrupt government
Which economic system does laissez faire favor?
Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.
What economic system has the least government control?
The Free Market Enterprise system (aka: Capitalism). its laissez faire
Laissez faire is the economic doctrine developed from the communist manifesto?
Laissez faire was not developed from the Communist Manifesto, There was no Laissez Faire when the manifesto was around.
Why is there laissez-faire?
so there is an option to have no government interference. it is called Capitalism.
What best describes laissez-faire capitalism?
The separation of economics and state
