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A laissez-faire economic policy involves a minimum of government interference in business.

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Hal Homenick

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4y ago

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Which phrase best describes the economic policy of laissez- fairs?

A laissez-faire economic policy involves a minimum of government interference in business.


Which phrase best describes the economic policy of laissez-faire?

"Let [it] be" This means that there should not be any interference from the government. It is a phrase used to reflect the idea that the government should just let [it] be. There is a minimal amount of government interference in business.


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What phrase can be used to describe the economic policy of laissez-faire?

The economic policy of laissez-faire is minimum intervention by governmental bodies into commercial and business affairs.Laissez-faire could be described as everything will work it self out if you leave it alone.


What was an economic policy that advocated a reduction in government spending and cuts in personal income taxes called?

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What economic term describes a policy of allowing events to take their own course and stresses that the government not intervene in the market place?

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What phrase did bismark used for his political and economic policy?

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