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What is the doctrine that states that government generally should not intervene in the marketplace?

laissez faire


What does laissez-faire means in PR?

Laissez-faire (pronunciation: French, [lɛsefɛʁ] (help·info); English, ˌleɪseɪˈfɛər (help·info)) is a term used to describe a policy of allowing events to take their own course. The term is a French phrase literally meaning "let do" or "leave it to be". It is a doctrine that holds that the state generally should not intervene in the marketplace.[1] 1. An economic doctrine that opposes governmental regulation of or interference in commerce beyond the minimum necessary for a free-enterprise system to operate according to its own economic laws. 2. Noninterference in the affairs of others. 1. the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs. 2. the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action.


Can you give me any comments about laissez faire?

1. the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs. 2. the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action.


Why should the government intervene s in resource allocation?

The government shouldn't intervene in resource allocation. The idea that politicians without a profit motive (usually with their own reelection as a motive) could possibly reliably allocate resources more effectively than private entrepreneurs is the height of hubris.


Can economic analysis provide a final answer to the question of whether the government should intervene in markets by imposing price ceiling and price floors?

Economic analysis cannot provide such an answer because it seeks to address positive questions such as "what is."

Related Questions

What is the doctrine that states that the government should not intervene in the marketplace?

laissez faire


What doctrine that states that the government generally should not intervene in the marketplace?

laissez faire


What is the doctrine that states that government generally should not intervene in the marketplace?

laissez faire


The doctrine knows as communism states that government should not intervene in the market place is this true or false?

False.


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.


What did Woodrow Wilson believe was the obligation of the US policy toward Latin America?

# United States should intervene when necessary to protect its interests in Latin America # United States should intervene when necessary to protect its interests in Latin America


Should people who witness bullying intervene?

Yes, bystanders should intervene. Having someone just standing around will not help the situation.


What are the differences between the Roosevelt corollary and the Monroe doctrine?

Monroe Doctrine warns Europe not to invade the American continents, not american colonies, while the Roosevelt Corollary warns Europe not to invade countries south of the U.S. in the Western Hemisphere.


The doctrine applied by the Taney Court that the national government should not exceed its enumerated powers is called?

Dual Federalism


What opposed the truman doctrine?

The Monroe Doctrine was in direct opposition to the Truman Doctrine. The Monroe Doctrine said the US should not interfere with events in Europe.


How much should the government intervene in the private lives of citizens?

Not at all


After you have documented a problem and are prepared to intervene you should?

Schedule a meeting immediately.