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What is a economic market system?
An economy that allows business owners to complete in the market with little government interference.
What is the economic policy of laissez - faire?
Laissez -faire is a French term that means the avoidance of government control of the business and of the economy. This idea has been replaced with the term "free markets" which understands that government regulations on business to a certain extent are necessary for a wealthy and fair economy. The US economy can be described as a free market economy.
What is an economy that has little government control called?
What is an economy that has little government control called?
What is the economic system in which private business operate competitively for profit with minimal government regulation?
An economic system in which businesses operate with little interference from the government is known as a free market economy. The United States is a good example of this type of economy.
What do you call a business of management with little government interference?
free enterprise
What is the Republican view on economy?
They want a strong economy with little government spending -Bailey
What attitude did most capitalist have toward unions?
Capitalists wanted a laissez-faire economy with few regulations and little interference.
Conservatives believe that?
there should be little government regulation of the economy.
What is the government's role in the economy?
This answer is that the governments role is very little
What was lassie's fair economics?
The phrase is "laissez faire" which is French and essentially means that the government should not interfere with the free market and let it do what it wants to do. In other words, it is a dog eat dog economy (pun intended).
What is the government's role in the Traditional economy?
This answer is that the governments role is very little
What the government role in the traditional economy?
This answer is that the governments role is very little
