0
What theory of economics believes that government should not play a role in business and supports the laissez-faire principle of free to do?
Wiki User
∙ 12y ago
Capitalism which was proposed by Adam Smith
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
A school of economics that believes tax cuts can help an economy by raising supply is known as?
I believe its called supply-side economics, not 100% sure :/
What does A person who believes in the doctrine of laissez faire disapprove of?
Excessive government regulationsHigh taxes
What do economists mean by rational self-interest?
Basically, it means that an individual makes economics decisions that he or she believes will benefit him or her the most. Self-rational interest is different from selfishness.
What philosophy believes government should play a role in manipulating supply and demand through its tax and spend policies?
Liberalism.
Which is a feature of mercantilism?
A feature of mercantilism is full government control of the national economy. This theory believes that this is the only way of achieving a healthy economy.
What theory of economics that believes government should not play a role in business and supports the laissez-faire principle of free to do.?
Capitalism which was proposed by Adam Smith
A school of economics that believes tax cuts can help an economy by raising supply is known as?
I believe its called supply-side economics, not 100% sure :/
What does Repulican party Mean?
believes that the government shoulnt have to pay for other people believes that the government shoulnt have to pay for other people
What kind of government believes in public control of poperty and income?
A socialist government.
Is Rush Limbaugh a conservative?
Well by definition no. A conservative believes in small government and individual liberty. Rush Limbaugh is a social conservative that believes in big government,
Which group believes people are servants of the government?
moderates
Which party believes government should be hands off?
The Libertarians believe in less government.
If someone believes that power corrupts people what type of government would they support?
If someone believes power corrupts, then they wouldn't be able to support any type of government fully. There is a balance of power no matter how casual the government.
Group of Americans believes in a limited national government?
liberals
What party believes that government should support the poor?
democratic
What kinda of government would an anarchist support?
An anarchist would support no form of government. An anarchist believes government is not necessary.
What were some beliefs of the Jeffersonian Party?
the party believes what Thomas Jefferson believes. Like he is for small government. So just look it up on the internet and find what Jefferson believes.
