have less children and work more
laissez-faire
laissez-faire
Adam Smith was a famous philosopher and economist that suggested that government should follow a policy of laissez-faire during the 18th century.
To end poverty and injustices
na bruh
laissez-faire
laissez-faire
Noninterference; -- an axiom of some political economists, deprecating interference of government by attempts to foster or regulate commerce, manufactures, etc., by bounty or by restriction; as, the doctrine of laissez faire; the laissez faire system government.
Adam Smith was a famous philosopher and economist that suggested that government should follow a policy of laissez-faire during the 18th century.
To end poverty and injustices
na bruh
individuals should be allowed to pursue their self-interest in a free market
Some of the outcomes of laissez-faire economics were: Businesses pay workers low Pollution of air and water Poverty traps that cannot be escaped through free
The policy of leaving things to take their own course, without interfering
Communism is a non-example of laissez-faire.
The Free Market Enterprise system (aka: Capitalism). its laissez faire
laissez-faire laissez-faire