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Why did business people believe in an economic system free of government control?
Wiki User
∙ 9y ago
Business people want less government control so that their businesses won't be highly regulated. They want to be able to expand without regard to promoting competition within the industry.
Wiki User
∙ 9y ago
paulbenn
Capitalists believe in government defending their power and wealth; they don’t believe in the government having no control over industry etc.
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The economic policy of giving business total control of its development is called?
The economic policy of giving business total control of its development is called laissez-faire.
Communists sincerely believe that government control of an economy is .?
Communists sincerely believe that government control of an economy is _______.
The economic policy of giving a business total control of its development is called a laissez-faire b socialism c mercantilism d free trade?
The economic policy of giving business total control of its development is called laissez-faire. It's French for "Let it alone"...let businesses do what they want to do without government interference
What is Marxist view?
Marxist view of government dealt primarily with the economy. He believed that two economic classes competed to rule the capitalists (business owners) or the workers. Whoever controls the economy will also control the government.
How does the government control the economic system?
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
The economic policy of giving business total control of its development is called?
The economic policy of giving business total control of its development is called laissez-faire.
What has the author John Philip Wernette written?
John Philip Wernette has written: 'Government and business' -- subject(s): Industrial policy 'The future of American prosperity' -- subject(s): Economic conditions 'The control of business cycles' -- subject(s): Business cycles, Economic conditions
What is a form of economic system that private control of business?
Capitalism
Communists sincerely believe that government control of an economy is .?
Communists sincerely believe that government control of an economy is _______.
Government ensures a what system to control money?
It has an economic system
The economic policy of giving a business total control of its development is called a laissez-faire b socialism c mercantilism d free trade?
The economic policy of giving business total control of its development is called laissez-faire. It's French for "Let it alone"...let businesses do what they want to do without government interference
What is politics and what is economics?
Politics deals with how to govern or control, to manage public affairs. Economics discusses economic policy. It takes a government to govern and to control, but it is the government to execute its economic policy.
How does the government control the economic system?
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
What is Marxist view?
Marxist view of government dealt primarily with the economy. He believed that two economic classes competed to rule the capitalists (business owners) or the workers. Whoever controls the economy will also control the government.
How was socialism similar to capitalism?
Government control of business.
In a global economy governments have less control over economic activity?
yes in a global economy government has less control over economic activity
What terms means the reduction of government control over business and other activities?
Deregulation of business refers to a reduction of government. With more control over, government has less involvement in businesses, which is why it is considered to be a smaller government.
