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Q: Which economic system is laissez faire most commonly associated with?
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Which economic system does laissez faire favor?

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


In Which type of economic system does the government make no economic decision?

There are several such systems, but the most popular is the laissez-faire system.


What economic system has the least government control?

The Free Market Enterprise system (aka: Capitalism). its laissez faire


In which type of economic system does the government make no economic decisions?

There are several such systems, but the most popular is the laissez-faire system.


Which term refers to an economic system in which the government has as little involvement as possible?

laissez-faire


Which term refers to an economic system in which the government has a little involvement as possible?

laissez-faire


Which of these describes the economic theory of laissez-faire?

An economic system should be driven by free market forces, not government intervention. A+


People who operate using the laissez-faire economic system would most likely do which of these?

Kepler


What French economist is most associated with the mercantile economic system?

The French economist most associated with the mercantile economic system was Colbert.


What is the role of a government in a laissez faire economic system?

the fact that they are "laissez-faire" does not mean that they are merely for show, they still run the country, making important decisions to further the counties industrial, technological and economic development.


What is the role of government in a laissez-faire economic system?

the fact that they are "laissez-faire" does not mean that they are merely for show, they still run the country, making important decisions to further the counties industrial, technological and economic development.


What is a role of government in a laissez faire economic system?

the fact that they are "laissez-faire" does not mean that they are merely for show, they still run the country, making important decisions to further the counties industrial, technological and economic development.