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Which phrase best describes the economic policy of laissez-faire?
Wiki User
∙ 9y ago
"Let [it] be"
This means that there should not be any interference from the government. It is a phrase used to reflect the idea that the government should just let [it] be. There is a minimal amount of government interference in business.
Wiki User
∙ 9y ago
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Which phrase best describes the economic policy of laissez- fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
Which phrase best describes the economic policy of laissez-fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
What would a laissezfaire policy regarding drugs involve?
no government regulation
What was the best example of a laissezfaire economic policy that helps businesses make profits?
limiting regulations on the steel industry-novanet
Which describes Vladimir lemons new economic policy?
A mix of capitalism and communism
Which phrase best describes the economic policy of laissez- fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
Which phrase best describes the economic policy of laissez-fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
What would a laissezfaire policy regarding drugs involve?
no government regulation
What was the best example of a laissezfaire economic policy that helps businesses make profits?
limiting regulations on the steel industry-novanet
Which describes Vladimir lemons new economic policy?
A mix of capitalism and communism
What best describes the economic policy of mercantilism?
Colonies creating wealth for the mother country.
Laissezfaire policy during the Gilded Age in which government let businesses function without regulation reflected the Constitutional principle of?
limited government.
Which best describes the soviet union under Joseph Stalin's economic policy's?
Agricultural disaster
What do you understand by the phrase economic growth is the motor that drives any integrated development policy?
yes
What best describes Joseph Stalin's economic policy's?
Growth in industry but agricultural famine Collective agriculture
What phrase can be used to describe the economic policy of laissez-faire?
The economic policy of laissez-faire is minimum intervention by governmental bodies into commercial and business affairs.Laissez-faire could be described as everything will work it self out if you leave it alone.
What was an economic policy that advocated a reduction in government spending and cuts in personal income taxes called?
This policy varies per country, but it describes American conservativism and the Republican Party's (GOP) economic policies. An example would be the Mellon Economic Plan from the 1920s during the presidency of Calvin Coolidge.
