prices are best determined by supply and demand.
It's a more liberal "laid back" governing style. French government are classics at playing this game
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.
He was a strong supporter of laissez faire economics
FDR
Adam Smith
to limit the governments control over production
It's a more liberal "laid back" governing style. French government are classics at playing this game
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.
He was a strong supporter of laissez faire economics
FDR
Adam Smith
No.
Laissez-faire economics helped the country industrialize. Supporters of Laissez-faire believe that government should not interfere in the economy other than protect property rights and maintain peace.
Adam Smith.
little government intervention
little government intervention.
the business owners