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What does the policy laissez faire avocated by Adam smith mean that?
Wiki User
∙ 8y ago
The economy of a country will not prosper more if the government does not interfere with economic affairs.
Wiki User
∙ 11y ago
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Which philosopher and economist suggested that the government should follow a policy of laissez faire?
Adam Smith was a famous philosopher and economist that suggested that government should follow a policy of laissez-faire during the 18th century.
What did Adam smith believe would result from the combination of capitalism and a laissez faire policy?
an investment of capital
What were Adam Smith's views of laissez faire economics?
He was a strong supporter of laissez faire economics
What was the laissez-faire policy?
The laissez-faire doctrine was put forth by Adam Smith and John Stuart Mill in the mid 1800's. It held that the economy functioned best when it was unencumbered by government regulations.
What was the policy Laissez-faire?
The laissez-faire doctrine was put forth by Adam Smith and John Stuart Mill in the mid 1800's. It held that the economy functioned best when it was unencumbered by government regulations.
Which philosopher and economist suggested that the government should follow a policy of laissez faire?
Adam Smith was a famous philosopher and economist that suggested that government should follow a policy of laissez-faire during the 18th century.
What did Adam smith believe would result from the combination of capitalism and a laissez faire policy?
an investment of capital
What were Adam Smith's views of laissez faire economics?
He was a strong supporter of laissez faire economics
What was the laissez-faire policy?
The laissez-faire doctrine was put forth by Adam Smith and John Stuart Mill in the mid 1800's. It held that the economy functioned best when it was unencumbered by government regulations.
What was the policy Laissez-faire?
The laissez-faire doctrine was put forth by Adam Smith and John Stuart Mill in the mid 1800's. It held that the economy functioned best when it was unencumbered by government regulations.
What statement would Adam smith most likely agree to?
Government should follow a laissez-faire policy.
What statement would Adam smith most likely agree?
Government should follow a laissez-faire policy.
Is pioneer a noun?
Pioneer can be used as both a noun and a verb, as in "Adam Smith was the first pioneer of Laissez-Faire Economics" or "Adam Smith pioneered the idea of Laissez-Faire economics."
Who created laissez-faire?
Adam Smith
Who supported laissez faire?
Adam Smith
Who advocated the theory of laissez faire?
Adam Smith
Who invented laissez-faire economics?
Adam Smith
