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When economist use the term laissez faire what economic idea are they referring to?
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Who is the Scottish economist known for his laissez faire doctrines?
publius
Which economic system does laissez faire favor?
Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.
Which philosopher and economist suggested that the government should follow a policy of 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.
At the time of World War 2 this economist spoke against laissez-faire arguing that government is necessary to address the problem of economic inequality?
Pigou
What economic system has the least government control?
The Free Market Enterprise system (aka: Capitalism). its laissez faire
Who is the Scottish economist known for his laissez faire doctrines?
publius
Economic policy by which the government minimizes its regulation of industry?
laissez-faire laissez-faire
Who was a Scottish economist known for his laissez faire doctrines.?
Adam Smith.
Which economic system does laissez faire favor?
Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.
Which philosopher and economist suggested that the government should follow a policy of 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.
At the time of World War 2 this economist spoke against laissez-faire arguing that government is necessary to address the problem of economic inequality?
Pigou
What economic system has the least government control?
The Free Market Enterprise system (aka: Capitalism). its laissez faire
What describes the economic theory of laissez-faire?
Laissez-faire is French for “let happen” not to control, but keeping hands off.
What is the current law that affects the goods Americans buy and what would a laissez-faire economist think of it?
The WTO world trade organization would probably tell the United States to cease and desist protectionist measures that run counter to the agreements signed. A laissez-faire economist has a liberal view of goods and services thus it would not sit well with a laissez faire economist
What would a laissez faire economist most likely favor?
Minimal government regulation of the marketplace
What would a laissez-faire economist most likely favor?
Minimal government regulation of the marketplace
What was the result of the laissez-faire economic policies are by the federal government between the Civil War and 1990?
Laissez-faire economic policies Civil War and 1900 results was
