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Government should refrain from intervening in the economy, leaving all major decisions to the individual business leaders.

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Ahmad Baumbach

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Mercantilism

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Q: What idea is most closely associated with laissez -faire?
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Related questions

Which idea is most closely associated with laissez-faire economics?

Free trade


Which idea is most closely associated with laissez faire economics?

Smothsonian free market


What idea is most closely associated with laissez-faire economics?

Government should refrain from intervening in the economy, leaving all major decisions to the individual business leaders.


What is The idea that government should not interfere in the lives of people was known as .?

laissez-faire


The idea that government should not interfere in the lives of people was known as .?

Laissez faire


Who was a strong advocate of Laissez-faire economic?

Laissez Faire economics was a statement of a "hands off" agreement between the government of citizens. Laissez Faire basically means hands off. Adam Smith was an advocate of this idea.


What is the best description of Laissez-Faire in economics?

Laissez-faire is the idea that the economy should continue without interference from the government. The economy would be self correcting.


What economic idea did the us adopt from Adam smith?

Laissez-faire


Which term is most similar to the idea of free enterprise?

laissez-faire


He wrote about economics and believed in the idea of laissez-faire?

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The idea of laissez faire in president hoovers 1932 platform was?

The government should stay out of economic issues.


What was the idea of laissez faire in president hoover's 1932 campaign platform?

The idea of laissez faire in President Hoover's 1932 campaign platform was that the government should stay out of economic issues.