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Laissez-faire pertains as much to government as it does to economics. This school of thought states that government should play as minimal a part in private transactions as possible, only as far as to protect property rights. This means no taxes, or subsidies, or tariffs, or anything of that sort.
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What is a sentence for the term laissez-faire?
The government's policy concerning religion has a laissez faire quality.His laissez-faire attitude shows how little he cares about life.The laissez faire policies of Coolidge and the Republicans are often blamed for the Great Depression.The mayor seemed to take a laissez faire attitude toward the casinos in his town.
What was the government's attitude toward business in the 1920s?
laissez faire- french word meaning the govt. will stay out of the economy
Difference between laissez- faire and mercantilism?
laissez-faire has no control by the government, while mercantilism is an economy controlled by the government
What economic system has the least government control?
The Free Market Enterprise system (aka: Capitalism). its laissez faire
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.
What is a sentence for the term laissez-faire?
The government's policy concerning religion has a laissez faire quality.His laissez-faire attitude shows how little he cares about life.The laissez faire policies of Coolidge and the Republicans are often blamed for the Great Depression.The mayor seemed to take a laissez faire attitude toward the casinos in his town.
What was the business attitude of Calvin Coolidge?
laissez-faire
Economic policy by which the government minimizes its regulation of industry?
laissez-faire laissez-faire
What was the government's attitude toward business in the 1920s?
laissez faire- french word meaning the govt. will stay out of the economy
Difference between laissez- faire and mercantilism?
laissez-faire has no control by the government, while mercantilism is an economy controlled by the government
What is it called when the government takes a hands off approach to businessess?
A government with a hands off or laissez-faire approach doesn't interfere with the economy and generally stays out of the citizens lives.
What economic system has the least government control?
The Free Market Enterprise system (aka: Capitalism). its laissez faire
What is the French term for a hands off attitude by government?
Laissez-faire is a French term that refers to a hands off attitude of government towards business. The infinitive 'laissez' means 'to allow, to let'. The infinitive 'faire' means 'to do, to make'.Together, they're pronounced 'leh-seh-fehr', or more commonly (LESS-ay fayr).
What is The idea that government should not interfere in the lives of people was known as .?
laissez-faire
The idea that government should not interfere in the lives of people was known as .?
Laissez faire
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.
What term BEST describes the U.S. government's policies towards businesses in the late 19th century?
laissez-faire
