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to limit the governments control over production
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Related Questions
What were Adam Smith's views of laissez faire economics?
He was a strong supporter of laissez faire economics
What statement represent a central idea of laissez faire economics?
prices are best determined by supply and demand.
Who promoted laissez faire economics?
FDR
How did laissez faire economics promote industrialization?
Laissez-faire economics helped the country industrialize. Supporters of Laissez-faire believe that government should not interfere in the economy other than protect property rights and maintain peace.
Who invented laissez-faire economics?
Adam Smith
Did Socialists want to reform Laissez-faire Economics?
No.
Which economic system does laissez faire favor?
Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.
Who is a laissez faire leader?
A laissez-faire leader is a leader who advocates free market economics with as little government intervention as possible.
Laissez-faire economics was a doctrine proposed by who?
Adam Smith.
Laissez-faire economics involves?
little government intervention
What economics did laissez-faire involves?
little government intervention.
What was Adam Smith the leading advocate of?
laissez-faire economics
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