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What economic term describes a policy of allowing events to take their own course and stresses that the government not intervene in the market place?
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∙ 11y ago
Laize Fair
Wiki User
∙ 11y ago
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Which of these describes the far right of the economic spectrum?
the government has no direct influence
Which best describes Eisenhower's approach to the role of government in economic affairs?
interventionist.
Which of these describes the economic theory of laissez-faire?
An economic system should be driven by free market forces, not government intervention. A+
Can economic analysis provide a final answer to the question of whether the government should intervene in markets by imposing price ceiling and price floors?
Economic analysis cannot provide such an answer because it seeks to address positive questions such as "what is."
Which phrase best describes the economic policy of laissez- fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
Adam Smith believed that government should intervene in economic activities?
Absolutely False.
Which of these describes the far right of the economic spectrum?
the government has no direct influence
Equity function of government?
which of these describes the far right of the economic spectrum
Which best describes Eisenhower's approach to the role of government in economic affairs?
interventionist.
Which of these describes the economic theory of laissez-faire?
An economic system should be driven by free market forces, not government intervention. A+
Which the following describes a major legacy of the Progressive era?
That the government can act to fix the economic and political problems.that the government can act to fix economic and political problems - novanet
Can economic analysis provide a final answer to the question of whether the government should intervene in markets by imposing price ceiling and price floors?
Economic analysis cannot provide such an answer because it seeks to address positive questions such as "what is."
Which phrase best describes the economic policy of laissez- fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
Which phrase best describes the economic policy of laissez-fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
How are the three basic economic questions answered in the united stated be specific?
What to produce, how to produce it, and who to produce it for (the 3 economic questions) are answered primarily by private companies in the U.S. Rarely does the government intervene in private sector production.
What term describes the belief that economic problems can work themselves out in the marketplace without government help or controls?
Delusion
Which of the following terms describes policies aimed at improving the Soviet Union's economy by making free-market reforms and allowing more economic freedoms?
Perestroika
