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The term more often used for such a form of capitalism is LAISSEZ-FAIRE ECONOMICS.

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9y ago

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What is the system of free enterpirise called?

Free enterprise is also known as a free market economy and also referred to as capitalism.


Your teacher might have called this paper on capitalism independent thinking?

Your teacher might have called this paper on capitalism "independent thinking".


Why is capitalism called a free market economy?

Under capitalism, the market is free from state interference.


How does capitalism get people out of poverty?

It doesn't. Capitalism has no concern for the poor. There's this place called Africa, check it out.


The economic system that America has is called?

mixed capitalism


What is the economic system of the US called?

The economic system of the US is called Capitalism.


Economic system in which individuals control the factors and means of production is called?

Free Enterprise


What is a form of capitalism in which the government does not intervene?

The form of capitalism without any government intervention is called LAISSEZ-FAIRE ECONOMICS.


What economis system is privatley owned means of prduction?

Private capitalism. Another version of capitalism features state ownership, and there can also be mixtures of the two.


What is the economist system in the US?

The US has a dog-eat-dog economic system. It is also called Raw Capitalism, Swimming With the Sharks, and Casino.


What is the relationship between protestantism and capitalism?

There is a famous book by Max Weber called The Protestant Ethic and the Spirit of Capitalism. His thesis is that Protestantism created the values that developed capitalism.


What was Claude Bebear's nickname?

was called the "godfather of French capitalism,"

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