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What did Adam smith believe would result from the combination of capitalism and a laissez-faire policy?
Wiki User
∙ 9y ago
a free market economy
Capitalism is a system in which a nation's trade and industry are operated privately for profit by private owners, rather than by the government. Laissez-faire policy is that the government would abstain from interfering in the free market. Adam Smith believed that the combination of the two would result in free trade capitalism.
Wiki User
∙ 9y ago
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What did Adam smith believe would result from the combination of capitalism and a laissez faire policy?
an investment of capital
What would a laissezfaire policy regarding drugs involve?
no government regulation
What did Adam smith believe would result from the combination of capitalism and laissez faire policy?
With free economy capitalism people could very well become successful as well as selfish and ungiving. Government involvement would allow for better control over who receives welfare or not.
Laissezfaire policy during the Gilded Age in which government let businesses function without regulation reflected the Constitutional principle of?
limited government.
Which describes Vladimir lemons new economic policy?
A mix of capitalism and communism
What did Adam smith believe would result from the combination of capitalism and a laissez faire policy?
an investment of capital
What would a laissezfaire policy regarding drugs involve?
no government regulation
What did Adam Smith believe would result from the combination of capitalism and a laissez-fairs policy?
a free market economyCapitalism is a system in which a nation's trade and industry are operated privately for profit by private owners, rather than by the government. Laissez-faire policy is that the government would abstain from interfering in the free market. Adam Smith believed that the combination of the two would result in free trade capitalism.
What did Adam smith believe would result from the combination of capitalism and laissez faire policy?
With free economy capitalism people could very well become successful as well as selfish and ungiving. Government involvement would allow for better control over who receives welfare or not.
Laissezfaire policy during the Gilded Age in which government let businesses function without regulation reflected the Constitutional principle of?
limited government.
What did Adam smith believe would result from the capitalism and a laissez faire policy?
a free market economyCapitalism is a system in which a nation's trade and industry are operated privately for profit by private owners, rather than by the government. Laissez-faire policy is that the government would abstain from interfering in the free market. Adam Smith believed that the combination of the two would result in free trade capitalism.
What did Adam Smith believe Would result from the capitalism and a laissez-faire policy?
a free market economyCapitalism is a system in which a nation's trade and industry are operated privately for profit by private owners, rather than by the government. Laissez-faire policy is that the government would abstain from interfering in the free market. Adam Smith believed that the combination of the two would result in free trade capitalism.
Economic policy in which government does not become involved in business affairs?
capitalism
What has the author David Webb Raudenbush written?
David Webb Raudenbush has written: 'Democratic capitalism' -- subject(s): Economic policy, Capitalism
Which describes Vladimir lemons new economic policy?
A mix of capitalism and communism
What has the author Tom Burden written?
Tom Burden has written: 'Capitalism and public policy in the UK' -- subject(s): Capitalism, Communism, Economic policy 'Business in Society' -- subject(s): Business, Industries, Social aspects of Industries 'Social Policy and Welfare' 'Developing independent learning'
What is an economic policy in which a government does not become involved in business affairs?
laissez faire capitalism
