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the fact that they are "laissez-faire" does not mean that they are merely for show, they still run the country, making important decisions to further the counties industrial, technological and economic development.

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Related Questions

What is the government's role in laissez faire economics?

to help maintain competition


What laissez faire supports believe about the role of government in economic affairs?

Entrepreneurs


Which best describes the role of a government that is following the philosophy of laissez-faire?

The government does not interfere in business practices.


Which statement describes the role of a government that is following the philosophy of laissez-faire?

The government does not interfere in business practices.


Economic policy by which the government minimizes its regulation of industry?

laissez-faire laissez-faire


Difference between laissez- faire and mercantilism?

laissez-faire has no control by the government, while mercantilism is an economy controlled by the government


Which statement best describes the role of a government that is following the philosophy of laissez-faire?

The government does not interfere in business practices.


Laissez-faire theory holds that government should play a very limited role in?

society


What is the role of laissez-faire in the government?

the fact that they are "laissez-faire" does not mean that they are merely for show, they still run the country, making important decisions to further the counties industrial, technological and economic development.


What is it called when the government takes a hands off approach to businessess?

A government with a hands off or laissez-faire approach doesn't interfere with the economy and generally stays out of the citizens lives.


What economic system has the least government control?

The Free Market Enterprise system (aka: Capitalism). its laissez faire


Idea that government should play as small a role as possible ing economic affairs?

Laissez Faire

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