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What else can I help you with?
What is the primary reason for government to intervene in a free-enterprise economy?
to provide more competition
What does laissez mean?
it means "let do" this phrase is used in the british economy. it means: the state should not intervene in the economy of the individuals. The economy was free. This policy was practiced in britain till 1945 with the changing of government from The Conservative to The Labour Party.
The doctrine that maintains that the state should not intervene is called what?
Laissez faire
How does our economy work and what factors influence its functioning?
The economy works through the production, distribution, and consumption of goods and services. Factors that influence its functioning include supply and demand, government policies, technological advancements, global trade, and consumer behavior.
Why did Adam Smith believed that government should never intervene in a state's economy but instead allow what?
Adam Smith believed that government should never intervene in a state's economy because he advocated for the principle of the "invisible hand," where individuals pursuing their own self-interest ultimately benefit society as a whole. He argued that free markets, driven by competition and consumer choice, lead to more efficient allocation of resources. Government intervention, in his view, would disrupt this natural order and hinder economic growth and innovation. Instead, he supported minimal government involvement, primarily to maintain law and order and protect property rights.
How does government intervene in North Korea's economy?
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Why the public sector becomes involve and intervene in the economoy?
Why the public sector becomes involve and intervene in the economy
Which of the following was a result of the New Deal legislation?
Government would intervene in the economy if the private sector could not guarantee stability. Have fun on study island..
Why public intervention differ from economy to economy?
Because governments usually intervene in the economy based on the selective requirements of the public .
What is the primary reasons for government to intervene in a free enterprise economy?
The primary reason for government to intervene in a free enterprise economy is simple. The government deemed something to be harmful or deconstructive.
What is the primary reason for government to intervene in a free-enterprise economy?
to provide more competition
What does laissez mean?
it means "let do" this phrase is used in the british economy. it means: the state should not intervene in the economy of the individuals. The economy was free. This policy was practiced in britain till 1945 with the changing of government from The Conservative to The Labour Party.
What is it called when the state intervenes in the economy?
the doctrine that maintains that the state should NOT intervene in economics is called laissez-faire. but when the states SHOuLD intervene in the economy, i don't know what its called..sorry! :( jocon94- Laissez-faire is a philosophy. The Interstate Commerce Act says states can't regulate services crossing state lines. The law was designed in the late 1800's to keep the railroad under Federal jurisdiction and rates consistent. I believe it would cover other businesses unless there where later court rulings defining what exactly the law covers.
How does fake currency impact the normal functioning of the economy?
its not funny
Why can't you drive in New York state if you have a Florida state learners permit?
Because state laws intervene.
The doctrine that maintains that the state should not intervene is called what?
Laissez faire
What is the economy of Washington state?
is the basis of Washington state economy is wildressources
