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Under this economics theory the government does not get involved in the economy?
Updated: 12/7/2022
Wiki User
∙ 9y agoBest Answer
Under the economic theory of a free market system, the government does not get involved in the economy. This is true to a certain extent. Government is usually involved when banks fail, larger companies fail, and when farmers need relief from lower prices.
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The theory of laissez-faire economics called for the government to do what?
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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?
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What is the theory that the government can best stimulate the economy by helping businesses produce more known as?
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Whose theory of economics believed in a hands-off approach with respect to the government's involvement in the economy?
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