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What statement represent a central idea of laissez faire economics?
Wiki User
∙ 10y ago
prices are best determined by supply and demand.
Wiki User
∙ 10y ago
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What statement represents a central idea of laissez-faire economics?
It's a more liberal "laid back" governing style. French government are classics at playing this game
What were Adam Smith's views of laissez faire economics?
He was a strong supporter of laissez faire economics
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.
Who promoted laissez faire economics?
FDR
Who invented laissez-faire economics?
Adam Smith
What represents a central idea of laissez faire economics?
to limit the governments control over production
What were Adam Smith's views of laissez faire economics?
He was a strong supporter of laissez faire economics
What statement represents a central idea of laissez-faire economics?
It's a more liberal "laid back" governing style. French government are classics at playing this game
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.
Who promoted laissez faire economics?
FDR
Who invented laissez-faire economics?
Adam Smith
Did Socialists want to reform Laissez-faire Economics?
No.
How did laissez faire economics promote industrialization?
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.
Laissez-faire economics was a doctrine proposed by who?
Adam Smith.
Laissez-faire economics involves?
little government intervention
What economics did laissez-faire involves?
little government intervention.
Who was a strong advocate of the laissez-faire economics?
the business owners
