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Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.

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9y ago

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What are capatalists in favor of?

Laissez faire policies.


What did supporters of laisse-faire favor?

Laissez-faire advocates oppose any government intervention or regulation of economic transactions or behavior


What do laissez-faire supporters believe about tariffs?

Laissez faire advocates favor individual self-interest and competition, and oppose the taxation and regulation of commerce.


What do laissez-faire supports believe about tariffs?

Laissez faire advocates favor individual self-interest and competition, and oppose the taxation and regulation of commerce.


What does laissez-faire supporters believe about tariffs?

Laissez faire advocates favor individual self-interest and competition, and oppose the taxation and regulation of commerce.


What are capitalist in favor of?

Laissez-faire policies competitionFree MarketCompetition


What do laissez-supporters believe about tariffs?

Laissez faire advocates favor individual self-interest and competition, and oppose the taxation and regulation of commerce.


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


Although industrialists usually spoke out in favor of laissez-faire capitalism which kind of government intervention in the economy did they often favor?

Laissez-Faire, they truly supported it, because who wants the government to take your money? creation of tariff walls


What groups favored a Laissez-faire policy because it allowed them to do as they please?

Generally, business owners were in favor of laissez-faire systems because the business owners would be free of any and all regulations.


What do laissez fair supporters believe about tariffs?

Laissez faire advocates favor individual self-interest and competition, and oppose the taxation and regulation of commerce.