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What was a consequence of laissez-faire capitalism?
corrupt government
What was a consequence laissez faire capitalism?
corrupt government
What was one consequence of laissez-faire capitalism?
One consequence of laissez-faire capitalism is that it provides little-to-no protection for disadvantaged social groups, such as the poor, minorities, women, and others who, without government intervention or external aid, generally are underpaid and undertrained by private firms.
What is let-it-be capitalism also called?
The term more often used for such a form of capitalism is LAISSEZ-FAIRE ECONOMICS.
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
What does The theory of laissez-faire capitalism advocates?
noninvolvement of the government in the eoconomy
The theory of laissez-faire capitalism advocates?
noninvolvement of the government in the economy
What are 2 other words for capitalism?
free market and laissez faire
