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Which term refers to an economic system in which the government has a little involvement as possible?
Wiki User
∙ 9y ago
laissez-faire
Coby Schumm
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Which term refers to an economic system in which the government has as little involvement as possible?
laissez-faire
Who were 18th 19th and 20th century economic philosophers and writers who would favor an open market with very little government involvement?
Adam Smith, John Stuart Mill,David Ricardo
The term laissez faire refers to an economic system that is characterized by?
little governmental involvement in business and financial matters
Can you give me any comments about laissez faire?
1. the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs. 2. the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action.
Which group of 18th 19th and 20th century economic philosophers and writers would favor an open market with very little government involvement?
Adam Smith, John Stuart Mill, David Ricardo
Which term refers to an economic system in which the government has as little involvement as possible?
laissez-faire
Which term refers to an system in which the government has as little involvement as possible?
laissez-faire
Who were 18th 19th and 20th century economic philosophers and writers who would favor an open market with very little government involvement?
Adam Smith, John Stuart Mill,David Ricardo
The term laissez faire refers to an economic system that is characterized by?
little governmental involvement in business and financial matters
Why did van buren do little to solve the nations economic problem?
He believe in laissez-faire which is a French originated belief stating that the government should interfere as little as possible in the nation's economic issues. :D Hope this helps lol. It's my first answer. :P
Why did president Van Buren do little to solve the nation's economic problems?
He believe in laissez-faire which is a French originated belief stating that the government should interfere as little as possible in the nation's economic issues. :D Hope this helps lol. It's my first answer. :P
Can you give me any comments about laissez faire?
1. the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs. 2. the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action.
What best describes the US government's role with the banking industry at the beginning of the Depression?
the governemt had little or no involvement with monitoring the health of the banks.
What is the philosophy of 1920's presidents?
The Republicans basically believed in as little domestic government as possible and as little involvement as possible into the conflicts of Europe. Wilson who served the year of 1920 wanted the US to join the League of Nations and make a commitment to settling European disputes. I do not think he did much more than the Republicans to put controls on business, banking and finance,
What statement best describes the US government's role with the banking industry at beginning of the Depression?
the governemt had little or no involvement with monitoring the health of the banks.
Which group of 18th 19th and 20th century economic philosophers and writers would favor an open market with very little government involvement?
Adam Smith, John Stuart Mill, David Ricardo
What did Herbert Hoover believe was the job of the government?
to interfere as little as possible
