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What were Adam Smith's views of laissez faire economics?
He was a strong supporter of laissez faire economics
How did laissez faire economics promote industrialization?
Laissez-faire economics helped the country industrialize. Supporters of Laissez-faire believe that government should not interfere in the economy other than protect property rights and maintain peace.
Who invented laissez-faire economics?
Adam Smith
Did Socialists want to reform Laissez-faire Economics?
No.
Which economic system does laissez faire favor?
Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.
What were Adam Smith's views of laissez faire economics?
He was a strong supporter of laissez faire economics
How did laissez faire economics promote industrialization?
Laissez-faire economics helped the country industrialize. Supporters of Laissez-faire believe that government should not interfere in the economy other than protect property rights and maintain peace.
Who invented laissez-faire economics?
Adam Smith
Did Socialists want to reform Laissez-faire Economics?
No.
Which economic system does laissez faire favor?
Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.
Who is a laissez faire leader?
A laissez-faire leader is a leader who advocates free market economics with as little government intervention as possible.
Laissez-faire economics was a doctrine proposed by who?
Adam Smith.
Laissez-faire economics involves?
little government intervention
What economics did laissez-faire involves?
little government intervention.
What was Adam Smith the leading advocate of?
laissez-faire economics
Who was a strong advocate of the laissez-faire economics?
the business owners
What is laissez faire system?
The term laissez faire refers to letting the market be, and can also be called "let it be economics. "A laissez faire system would be in effect with little government intervention in business affairs.
