When the government has lasses economic policies what are they doing about business?

Answer 1

When the government implements laissez-faire economic policies, it minimizes its intervention in business activities, allowing the free market to operate with limited regulation. This approach encourages competition and innovation, as businesses are free to make decisions based on supply, demand, and consumer preferences without excessive government oversight. The government typically focuses on maintaining a stable economic environment rather than directly influencing business operations. Overall, laissez-faire policies aim to promote economic growth and efficiency through market-driven mechanisms.