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Whose theory of economics believed in a hands-off approach with respect to the government's involvement in the economy?
adam smith
Which president believed in the principle of trickle down economics?
Ronald Reagan believed in the principle of trickle down economics.
Which president believed in the principle of trickle-down economics?
Ronald Reagan
What president believed in the principle trickle down economics?
Ronald Ragen
Who is theory of economics believed in a hands off approach with the respect of the government involvement in the economy?
The theory of economics that advocates for a hands-off approach regarding government involvement in the economy is known as laissez-faire economics. This concept is closely associated with classical economists like Adam Smith, who argued that free markets operate most effectively without government intervention. Proponents believe that allowing the forces of supply and demand to dictate market dynamics leads to optimal outcomes for society.
Whose theory of economics believed in a hands-off approach with respect to the government's involvement in the economy?
adam smith
What was David Ricardo's belief?
he believed in -supply and demand economics -free trade between nations -market competition with minimal government interference
Why was david ricardo important?
he believed in -supply and demand economics -free trade between nations -market competition with minimal government interference
Which president believed in the principle of trickle down economics?
Ronald Reagan believed in the principle of trickle down economics.
How did Adam Smith believe individuals would help their home countries economics without government regulation?
He believed they would prefer domestic industry to foreign industry.
What president believed in the trickle down economics?
Ronald Ragen
What president believed in the principle trickle down economics?
Ronald Ragen
Which president believed in the principle of trickle-down economics?
Ronald Reagan
Who is theory of economics believed in a hands off approach with the respect of the government involvement in the economy?
The theory of economics that advocates for a hands-off approach regarding government involvement in the economy is known as laissez-faire economics. This concept is closely associated with classical economists like Adam Smith, who argued that free markets operate most effectively without government intervention. Proponents believe that allowing the forces of supply and demand to dictate market dynamics leads to optimal outcomes for society.
What was Andrew Carnegie's political views?
Andrew Carnegie believed in laissez-faire economics, advocating for minimal government intervention in business affairs. He believed that wealth should be used to benefit society and promoted philanthropy through donations to education and public libraries. Carnegie also supported free trade and opposed excessive government regulation.
He wrote about economics and believed in the idea of laissez-faire?
i need help with this also
Which president believed in the trickle down economics?
Ronald Reagan
