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The theory that government should not interfere in economic affairs is known as a?
Wiki User
∙ 14y ago
Capitalism or Libertarian ( they are not the same thing)
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoFree Market
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- The theory that government should not interfere in economic affairs is known as?
Laissez Faire was a term made up in the 1700's and was a belief that meant that the government should not interfere with business's Some reasons that people agreed with laissez faire were because the business's do their own work and the government doesn't do it for them and also because they buy all the necessities needed for their business's. Laissez Faire is not still in use today, but it lasted throughout the Victorian period.
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.
When the government has laissez-afire economic policies what are they doing about business?
Leaving it alone
When the country is experiencing an economic slowdown the government should exercise what action?
The government may exercise appropriate monetary or fiscal policies. However, the degree to which the government should interfere in the economy is a matter of continuing debate, beginning with the FDR administration and the Great Depression of the 1930's.appropriate budgetary policy
Who cares about laissez-faire?
Well we all care about something. There are those who believe that government should intervene as little as possible in the direction of economic affairs. There are those who believe that the practice of noninterference in the affairs of others, especially with reference to individual conduct or freedom of action.
Idea that government should play as small a role as possible ing economic affairs?
Laissez Faire
- The theory that government should not interfere in economic affairs is known as?
Laissez Faire was a term made up in the 1700's and was a belief that meant that the government should not interfere with business's Some reasons that people agreed with laissez faire were because the business's do their own work and the government doesn't do it for them and also because they buy all the necessities needed for their business's. Laissez Faire is not still in use today, but it lasted throughout the Victorian period.
Presidents and branches of government during the late 1800s and early 1900s believed about government?
should not interfere with buisness
Was the criticism of the Truman Doctrine?
Truman Doctrine: America should interfere to prevent communism. It's obvious: should America, or should they not, interfere with other countries' affairs?
Why Should government interfere in the personal matters of the citizen?
why should a state interfere in personal matters of citizen
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.
When the government has laissez-afire economic policies what are they doing about business?
Leaving it alone
The idea that government should not interfere in the lives of people was known as .?
Laissez faire
How did Jefferson chart a new course for the government?
Jefferson thought his election as the " Revolution of 1800. " Jefferson's first goal as President was limit the federal government's power over states and citizens. The new President thought that under Washington and Adams the Federal government had become too involved in economic affairs. He believed the idea of laissez faire from French term for "Let alone. Laissez faire means that the government should not interfere in the economy.
When the country is experiencing an economic slowdown the government should exercise what action?
The government may exercise appropriate monetary or fiscal policies. However, the degree to which the government should interfere in the economy is a matter of continuing debate, beginning with the FDR administration and the Great Depression of the 1930's.appropriate budgetary policy
Government involvement in Healthcare?
Is totally wrong! Citizens should have their own choices in health care. The government should never interfere in this.
Why did van buren do little to solve the nations economic problem?
He believe in laissez-faire which is a French originated belief stating that the government should interfere as little as possible in the nation's economic issues. :D Hope this helps lol. It's my first answer. :P
