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The theory of laissez-faire economics called for the government to do what?
not to interfere with the economy
The theory of laissez-faire economics called for the government to?
not interfer with the economy
The theory of laissez faire economics called for the government to do what?
not to interfere with the economy
What is the theory that the government can best stimulate the economy by helping businesses produce more known as?
supply-side economics
Whose theory of economics believed in a hands-off approach with respect to the government's involvement in the economy?
adam smith
Related Questions
The theory of laissez-faire economics called for the government to do what?
not to interfere with the economy
The theory of laissez-faire economics called for the government to?
not interfer with the economy
What theory of laissez-faire economics call for the government to do?
not to interfere with the economy
The theory of laissez faire economics called for the government to do what?
not to interfere with the economy
Under this economic theory the government does not get involved in the economy?
Laissez-Faire
Under this economic theory the government does not get involved in the economy.?
Laissez-Faire
The theory that the government can best stimulate the economy by helping businesses produce more is known as?
supply-side Economics
What is the theory that the government can best stimulate the economy by helping businesses produce more is known as?
supply-side Economics
What is the theory that the government can best stimulate the economy by helping businesses produce more known as?
supply-side economics
Whose theory of economics believed in a hands-off approach with respect to the government's involvement in the economy?
adam smith
A theory that states it is healthy for the economy if the government is involved in setting economic policy is called?
Laissez-faire
How do classical and Keynesian economics compare and contrast in terms of their fundamental principles and approaches to economic theory?
Classical economics emphasizes the importance of free markets and minimal government intervention, believing that the economy will naturally self-regulate. Keynesian economics, on the other hand, advocates for government intervention during economic downturns to stimulate demand and stabilize the economy. The key difference lies in their views on the role of government in managing the economy.
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